Monday, July 30, 2007

Case Shiller can tell no lies.

You guys know about the Case Shiller Index, right? They make these graphs that tell you what is going on with home values in certain local markets. There's a lot of math that you can read about if you are so inclined but, if you like, you can just look at the pretty graphs below (click to enlarge).

Things are kind of sucky for buyers in SEATTLE:

Y'all know that it has been a bit easier to buy in BOSTON lately:

I've said it before, DETROIT is in what we call a recession:

But, lo! What do we have here? LOS ANGELES is coming down too:

I feel like the clouds just parted and the angels started to sing.


Westside Bubble said...

See here for links to original S&P/Case-Shiller data and Paper Money's graph tool.

May data was just released today. Los Angeles dropped again, although not a lot. I expect the fall to accelerate again in this summer's data.

Kate said...

Note: The Case Shiller data in this graph posted above is original S&P/Case Shiller directly imported from the CS excel spread sheets (represented by the blue line).

The red line and peak's/valley's are added on top and not provided by CS.