Lateral Thinking » case schiller index http://www.lateralthinking.biz . Tue, 07 Feb 2012 19:16:15 +0000 en hourly 1 http://wordpress.org/?v=3.1 THE CASE SCHILLER INDEX http://www.lateralthinking.biz/the-case-schiller-index.html http://www.lateralthinking.biz/the-case-schiller-index.html#comments Tue, 24 Feb 2009 18:01:51 +0000 mvalls http://www.lateralthinking.biz/?p=141
  Underscoring the widespread weakness in the U.S. housing market, home prices in 20 major cities dropped 2.5% in December from the prior month and were down a record 18.5% from the final month of 2007, according to the Case-Shiller home price index published Tuesday by Standard & Poor’s. Years of appreciation have been wiped [...]
]]>

sp-case-shiller-home-price-indices0508

 

Underscoring the widespread weakness in the U.S. housing market, home prices in 20 major cities dropped 2.5% in December from the prior month and were down a record 18.5% from the final month of 2007, according to the Case-Shiller home price index published Tuesday by Standard & Poor’s.

Years of appreciation have been wiped out, with average home prices standing back at levels similar to those seen late in 2003

How far are we from the bottom ?

imagen-2

As we can see in the graphics above, prices still far away from long term average prices !!!

]]> http://www.lateralthinking.biz/the-case-schiller-index.html/feed 0