Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Jim McMannis who wrote (78490)	4/29/2008 5:21:22 PM
From: mishedlo	Read Replies (3) of 116555

Case-Shiller Shows Steep Declines In Home Prices globaleconomicanalysis.blogspot.com The February S&P/Case-Shiller Home Price Indices are now out. The index shows declines in the prices of existing single family homes across the United States worsened in the second month of the new year, with 17 of the 20 now reporting MSAs posting record low annual declines, 10 of which are in double-digits. The following chart was produced by "TC" who has been monitoring C.A.R. data, DQNews data, and Case-Shiller Data. Although individual cities topped at varying times, the top-10 and top-20 cities peaked in a June-July 2006 timeframe. Let's take a look..... Mish

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