According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.
Nationally, Home Prices Off 18.3 Percent From April 2007 Peak
The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October.
Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September
Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
Detroit Leads All Case-Shiller Cities In Home Price Improvement
Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent.
Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July
The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities.
Home Values Rose In June 2011
The June 2011 Case-Shiller Index reading posted strong numbers across the board, with each of the index’s 20 tracked markets showing home price improvement from May.
16 of 20 Case-Shiller Cities Show Improvement In May
May’s Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index’s 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat.
Home Values Climb 0.8 Percent In April
Maybe homes are holding value better than we thought.
January 2011 Case-Shiller Index : Weak And Flawed
According to the January Case-Schiller Index, values are down 3.1% from last year, retreating to the same levels from Summer 2003. As a buyer or seller in today’s market, though, don’t read too much into it. The Case-Shiller Index is far too flawed to be the final word in housing.