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.