Housing Data

It's a travel day for Property Qwest so we leave you with a Bloomberg video discussing some interesting housing data / indicators.

S&P Case-Shiller Data, Bloomberg and CNBC Video Commentary, 20-City Home Price Index Chart

In case your schedule didn't enable you to see the S&P Case-Shiller data as it was reported (August 2008 home price index - housing data released October 28, 2008), we have included video feeds from Bloomberg and CNBC ("Squawk on the Street") providing the initial reporting of the Case-Shiller data and inital analysis reacting to the numbers. Additionally, we have included, at the bottom of this post, the chart displaying the S&P Case-Shiller home price index of 20 cities. Without further ado, if you're not interested in any of this, here is the actual press release (pdf file format)!

National Trend of Home Price Declines Continues into the Second Half of 2008
According to the S&P/Case-Shiller Home Price Indices

S&P Case-Shiller Home Price Index: housing price data and brief analysis as reported by Bloomberg:




S&P Case-Shiller Home Price Index: housing price data and brief analysis as reported by CNBC ("Squawk on the Street"):




Home price chart: S&P Case-Shiller Home Price Index of 20 Cities (click on chart for larger image):




Year over year, they held their own:

• Dallas, TX
• Charlotte, NC

Year over year, they got thumped and thumped badly:

• Phoenix, AZ
• Las Vegas, NV
• Miami, FL
• San Francisco, CA
• Los Angeles, CA
• San Diego, CA