The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: marcher who wrote (84735)	8/15/2007 6:09:28 AM
From: RockyBalboa	Read Replies (1) of 306849

Here is a Chicago Tribune piece referring to the home price Index by Robert Shiller. newsblogs.chicagotribune.com Originally posted: July 31, 2007 Ugly home prices in Chicago and the nation If you are worried about housing, and looking for some sign of a recovery, do not click on the following link. It is for the Standard & Poor's Case Shiller Home Price Index. It shows a decline in home prices on a national level. In fact, it shows the 18th consecutive drop in growth since December 2005. The most recent data, comes from May. But the father of the index, economist Robert Shiller, says he sees nothing that indicates a turnaround. And while eight of 20 metropolitan areas his index tracks, have been spared, Chicago is not one of them. It is now in decline, according to the index, which tracks actual home prices by looking at the selling price of specific homes in the past versus recently. That's different than looking at average figures. So brace yourself and take a look. Download standard_poors_case_shiller_graph.xls

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