JANUARY CASE-SHILLER HOUSING REPORT DECLINES AGAIN
Standard and Poors just released its Case-Shiller Index for January 2009. All twenty cities in the index declined. This makes 30 months in a row that the Composite 20 cities have declined. The last gain was July 2006. Since 1999, the average annual growth rate for the Composite 2o has been 4.2%. The detail information for each city will be posted on our web site later today. The overview data can be seen now by clicking the link below. Read it and weep.
January 2009 - Case Shiller Index