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Case-Shiller Results

Most Cities Decline, Las Vegas was up just a little
Posted by John McClelland on October 27, 2010 in No Category
The Case-Shiller home price indices were released yesterday. Nearly all 20 cities experienced a decline. The reading is from August. The Las Vegas aggregate index saw a .1% increase. Of course, when you are dealing with increases this small and measurement error, the true population of prices could be anything. Up, down or flat. Nevertheless, it was actually surprising that it did not slide down further. There may be some lingering support from the homebuyer tax credit extensions (which went until Sept 30). In addi... read more
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