According to the January Case-Schiller Index, values are down 3.1% from last year, retreating to the same levels from Summer 2003. As a buyer or seller in today’s market, though, don’t read too much into it. The Case-Shiller Index is far too flawed to be the final word in housing.
January 2011 Case-Shiller Index : Weak And Flawed
http://phildenfeldmortgage.com/2011/03/case-shiller-january-2011.html
Case-Shiller Shows Slowing Growth In Home Prices… Two Months Ago
Home values “crept forward” in July. But not that it matters — the Case-Shiller Index is a better tool for economists than it is for homeowners. There’s 3 reasons why.
http://phildenfeldmortgage.com/2010/09/case-shiller-index-july-2010.html
Case-Shiller Posts 16th Straight Month Of Home Price Improvement
According to the Standard & Poors Case-Shiller Index, home values rose 5 percent in June versus the month prior, and 4 percent from a year earlier. It’s the 16th consecutive month in which Case-Shiller reported an increase in home values and the third straight month of outstanding results.
http://phildenfeldmortgage.com/2010/09/case-shiller-index-june-2010.html
Case-Shiller Shows Home Price Improvement In 95% Of Cities
Standard & Poors released its Case-Shiller Index Tuesday. On a seasonally-adjusted basis, between April and May 2010, home prices rose in 19 of Case-Shiller’s 20 tracked markets. It’s the second straight month of strong Case-Shiller findings.
http://phildenfeldmortgage.com/2010/07/case-shiller-index-may-2010.html