Case Shiller Index Declines 19.1% in Q1 ’09

Well, I asked for lower prices earlier, and that’s what we got:

Home prices continued falling at record paces, according to the Case Shiller Home Price Index.

Annual (-19.1%), quarterly (-7.5%) and monthly (-2.2%) data continue to show prices reverting back towards levels not seen for years.


March 2009 Case Shiller Home Price Index


As of the most data, prices have returned to 2002 levels; Will pre-2000 levels be next?


S&P/Case-Shiller U.S. National Home Price Index



Nationally, Home Prices Began 2009 with Record Declines
S&P, May 26, 2009,0,0,0,0,0,0,0,0,2,1,0,0,0,0,0.html

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