The S&P Case-Shiller home price index for January 2009 was released today by Standard and Poors. The composite-10 declined 2.55% from December 2008 (last month it declined by 2.34%) and declined by 19.39% from a year ago (compared to 19.14% last month). The composite-10 is now down 30.16% from its peak. The Composite-10 has now declined at a faster pace year over year for 25 straight months now.
The CME futures market is pricing in a further drop of -7.45% by next January for the composite-10.
You can click on the images for a larger view.
Sphere: Related Content
1 comment:
Post a Comment