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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skip Danger who wrote (233697)12/18/2009 2:42:04 PM
From: Broken_ClockRespond to of 306849
 
Pretty sure they are a couple months behind when they release. Doubt Oct is even out.



To: Skip Danger who wrote (233697)12/18/2009 2:51:30 PM
From: CalculatedRiskRead Replies (3) | Respond to 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)