S&P Case-Shiller Housing Price Index - October 2008

From CNNMoney.com - "Home prices post record 18% drop":

Home prices posted another record decline in October, falling 18% compared with a year earlier, according to a closely watched report released Tuesday.

The 20-city S&P Case-Shiller index has posted losses for a staggering 27 months in a row. In October, 14 of the 20 cities set fresh price decline records.

(Click on chart for better viewing)

(Click on chart for better viewing)

There's not much that needs to be said here. The charts say it all. Most housing markets nationwide continue their free fall. The housing data varies from bad to horrendous depending upon the market. Dallas, TX and Charlotte, NC are two markets holding their own (all things being considered) year over year (housing values down less than 5%) while Phoenix, AZ and Las Vegas, NV have gotten hammered (housing values down over 30%).

Click here to get the actual "S&P Case Shiller Home Price Indicies" report.