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: Skip Danger who wrote (233697)	12/18/2009 2:51:30 PM
From: CalculatedRisk	Read Replies (3) of 306849

Case-Shiller is a 3 month average, so Sept was really July-August-Sept. If you look at the LoanPerformance data, September was down. loanperformance.com LoanPerformance HPI was -0.44% in Sept. My guess is Oct was probably down too, but C-S might not show it because their Oct numbers will be an average of Aug-Sep-Oct. It is possible that October was up because of the huge surge in existing homes due to buyers rusing the beat the initial deadline for the tax credit, but that will probably reverse in November (since the extension will not have the same impact)

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