• 24 Jun 2008 at 9:33 AM

The News From Case-Shiller: No Bottom In Sight

By Bess Levin

The Case-Shiller home-price index fell in all twenty metro regions studied, the first time the index has measured a decline on a year over year basis in every market. The average decline in April was 15.3%, setting the record for the largest drop since the launch of the index in 2000. If there’s a bright spot in this news it is in Charlotte and Dallas. Despite being down since last year, these two cities are now enjoying a second month of recovery. Boston, Chicago, Cleveland, Denver; Portland, Oregon and Seattle also saw a bit of recovery. Las Vegas and Miami, however, continue their freefall.

Comments (6)

  1. 1
    Posted by mktmkr | June 24, 2008 at 9:53 AM

    Get Up Chicago!

  2. 2
    Posted by guest | June 24, 2008 at 10:22 AM

    hilarious

  3. 3
    Posted by guest | June 24, 2008 at 10:30 AM

    it went straight up for half of the averge bsd’s lifetime. it’s allowed to down a little bit.

  4. 4
    Posted by guest | June 24, 2008 at 10:33 AM

    Chicago is the worst city in the world.

  5. 5
    Posted by mktmkr | June 24, 2008 at 10:42 AM

    Based on what 10:33? Outside of the ridiculous cold winters I’d put Chicago up against any city of your choice.

  6. 6
    Posted by Anal_yst | June 24, 2008 at 11:33 AM

    I like how no one finds this even remotely surprising, such to the point where 2 comments in, everyone has already moved on to ny vs. chicago vs. whatever mode (ala LSO comments).

Leave a comment

You can log in with your account or comment as a guest below.

   or