January 27, 2009

The Case-Shiller data for November:

The Composite 20 Index (a composite index for the 20 cities listed above) has fallen 25% since the peak back in 2006.  It was down 18.2% versus November ’07 and off 2.2% compared to October.  CR has some nifty charts slicing/dicing this data that are worth checking out.

Deflation in action folks.  Bad news for home-owners, but good news for prospective home-buyers.

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see