This morning’s Case-Shiller Index shows that national home prices hit new post-bubble lows in December. The double-dip in home prices is now official. From Standard & Poors: New York, February 28, 2012 – Data through December 2011, released today by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed [...]

Bottom-pickers have smelly fingers. Ever since the first local home price declines of 2006, there have been groups calling the bottom. Realtors, mortgage brokers, home builders, and various economists crawl out of the woodwork each Spring to announce that home prices are about to start going up. Their logic is always flawed, their data too [...]

National home prices have officially reached new post-bubble lows (seasonally-adjusted) according to the January 2012 Case-Shiller Home Price Index. From Standard and Poors: Data through November 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices … showed declines of 1.3% for both the 10- and 20-City Composites in November over October. For [...]

Interesting graph comparing Japanese home prices to the Case-Shiller index before and after the housing bubbles burst. Hat-tip Kevin Depew:

Yesterday, Burbed had a guest post from Greg Fielding on Bay Area Case-Shiller tiered data (it’s a reprint of his article from this site).  This is my reply to it, which originally appeared on Burbed in a slightly different form with far more in-jokes than I’ll subject you to here. In case you haven’t been reading any [...]