Sorry this is a day late. I completely spaced yesterday about it being Case-Shiller Day.<\/p>\n
Let’s have a look at the latest data from the Case-Shiller Home Price Index<\/a>. According to July data,<\/p>\n Up 0.1% June to July. Last year prices fell 0.1% from June to July and year-over-year prices were down 15.3%.<\/p>\n A 0.1% change is basically flat, which is a little surprising to see for the first post-tax-credit month, but considering July’s number is actually an average of May through July, I suppose we won’t really begin to see declines in earnest until September’s data is released on November 30th.<\/p>\n Here’s an interactive graph of the year-over-year change in all twenty Case-Shiller-tracked cities, courtesy of Tableau Software<\/a> (check and un-check the boxes on the right):<\/p>\n
\nDown<\/em> 1.6% YOY.<\/strong>
\nDown<\/em> 23.5% from the July 2007 peak<\/p><\/blockquote>\n