Tag Archive | "S&P"
Case Shiller Index – Price reductions reflect continued decline
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...
Continue reading...Case Shiller Index - home prices plunge
Tuesday, February 24, 2009
Home prices plunged at record rates in December and consumer confidence is at all time low, according to the S&P/Case Shiller home price index released today. The question is will today’s falling house prices, the recent mortgage relief plan and the $8,000 tax credit for first time home buyers be enough to jump start worried [...]
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Thursday, May 28, 2009
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