Home › Forums › Housing › Case Shiller Feb ’08 numbers out › Sure thing. Nominal: (L M H
Sure thing. Nominal:
(L M H A) -31% -26% -17% -24%
Deflated by US-CPI: vs. peak -36% -31% -22% -29%
YoY -30% -24% -16% -22%
MoM -4.4% -4.1% -3.0% -3.9%
The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal: -40% -38% -28% -36%
Real: -42% -40% -31% -38%