Case-Shiller Home Prices Index Down 31.6% from Peak

The good news: February 2009 was the first month since October 2007 where the 10- and 20-City Composites did not post a record annual decline:

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From the peak in mid 2006, the 10-City Composite is down 31.6% and the 20-City Composite is down 30.7%.

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Source:
The Pace of the Decline in Residential Real Estate Prices Slowed in February
S&P/Case-Shiller Home Prices Indices, 2009-04-28 09:00:00
http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_news/2,3,1,2,0,0,0,0,0,0,0,0,0,0,0,0.html

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