David M. Blitzer

Case Shiller Index – Price reductions reflect continued decline

Thursday, May 28, 2009

Since we last wrote about the Case Shiller Index, home prices have continued to drop at a steady pace according to the S&P/Case Shiller Home Price Index released earlier this week. The National Home Price Index recorded a record annual decline of 19.1%, putting home prices at late 2002 levels. The overall prognosis from the Index Committee’s Chairman, David M. Blitzer, was unsurprisingly dim: “We see no evidence that a recovery in home prices has begun”. The one sliver of silver lining...

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Tag Archive | "David M. Blitzer"

Case Shiller Index – Price reductions reflect continued decline

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