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Seattle Bubble Forum Archive • View topic - US Home prices down15.3% in past year: S&P/CASE-SHILLER

US Home prices down15.3% in past year: S&P/CASE-SHILLER

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US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby EastSider » Tue Jun 24, 2008 5:24 am

Home prices in 20 major U.S. cities have dropped 15.3% in the past year, according to the Case-Shiller home price index released Tuesday by Standard & Poor's. Prices were down 16.3% in a smaller subset of 10 homes that have been tracked over a longer period. Home prices fell in 12 of 20 cities in April compared with March, but are down in all 20 cities compared with a year earlier. Prices are now down 17.8% from the peak two years ago. The Case-Shiller index tracks sales of the same homes over time, so it's not influenced by the mix of homes sold in a period

http://www.marketwatch.com/
http://www2.standardandpoors.com/portal ... 0,0,0.html
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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby WestSideBilly » Tue Jun 24, 2008 7:20 am

Wow, Seattle actually moved up a tick.

LA, SF, SD, LV, and Phoenix all take another big hit... and Detroit? Ouch.
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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby Robroy » Tue Jun 24, 2008 11:00 am

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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby WestSideBilly » Tue Jun 24, 2008 3:54 pm

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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby rose-colored-coolaid » Wed Jun 25, 2008 6:56 am

Regardless, in this case the MOM increase is not surprising. It will likely also be a lonely MOM increase, because it looked a lot like a dead cat bouncing to me.
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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby Robroy » Wed Jun 25, 2008 8:54 am

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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby rose-colored-coolaid » Wed Jun 25, 2008 12:02 pm

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Re: US Home prices down15.3% in past year: S&P/CASE-SHILLER

Postby Robroy » Wed Jun 25, 2008 12:17 pm

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