Saturday, January 10, 2009

Home price declines continue accelerating

From the the most recent S&P/Case Shiller Home Price Index release:




"The chart above depicts the annual returns of the 10-City Composite and the
20-City Composite Home Price Indices. Following the lead of the 14 metro areas
described above, the 10-City and 20-City Composites set new records, with annual declines of 19.1% and 18.0%, respectively."



at 7:39 PM

3 comments:

eyepatchman said...

Hi all,

Here's an interesting one for you.

An analysis of the current economic crisis we are all unfortunately facing but looked at from a slightly different perspective.

This analysis looks at past banking crises and how they have effected various aspects of the economy.

It is titled The Banking Crisis - Where are we now? (follow the link should you be interested) and has particularly interesting points about how the previous banking crises has effected assets including property prices.

8:45 AM
Gold prices today said...

I think current situation is better not much in terms of prices but in terms of demand for homes. Buyers are interested in investments as rate of interest is low. I think prices would move up, as there is short of inventory in comparison to demand.

6:49 AM
Braydon Rohan said...

Foreclosure real estate deals
has become very popular recently. Being reluctant or by being desperate one cannot make a successful foreclosure deal.No matter whatever be the trend one can make profit through it.

9:57 PM

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