Across-the-Board Declines in January's Case-Shiller Index

Submitted by Rich Toscano on April 7, 2011 - 10:10am
As always, the Case-Shiller index of home prices arrives with a fairly major lag... 



continue reading at voiceofsandiego.org


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Submitted by desmond on April 11, 2011 - 6:26pm.

"All price tiers were down for the month, with the high-priced tier (the most expensive one-third of homes sold during the measurement period) faring worst. The specific monthly changes were as follows: the low tier was down .6 percent, the middle tier down .5 percent, the high tier down 1.6 percent, and the aggregate index down 1.2 percent"

Just like "if a tree falls in the woods" if there are no comments does that mean that prices did not fall?

Submitted by FormerSanDiegan on April 12, 2011 - 4:06pm.

desmond wrote:
"All price tiers were down for the month, with the high-priced tier (the most expensive one-third of homes sold during the measurement period) faring worst. The specific monthly changes were as follows: the low tier was down .6 percent, the middle tier down .5 percent, the high tier down 1.6 percent, and the aggregate index down 1.2 percent"

Just like "if a tree falls in the woods" if there are no comments does that mean that prices did not fall?

It was a foregone conclusion, based on what we already saw posted here ...

http://piggington.com/january_2011_resal...

... but still, no laser eyes to speak of ...

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