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S&P Corelogic Case-Shiller HPI  
Released On 1/26/2010 9:00:00 AM For Nov, 2009
PriorActual
20-city, SA - M/M0.4 %0.4 %
20-city, NSA - M/M-0.1 %-0.2 %
20-city, NSA - Yr/Yr-7.3 %-5.4 %
10-city, not SA - M/M change0.0 %-0.2 %
10-city, Seas. Adj. - M/M change0.4 %0.2 %
10-city, not SA - Yr/Yr change-6.4 %-4.5 %
S&P/Case-Shiller Composite 10158.49 
S&P/Case-Shiller Composite 20146.58 146.28 

Highlights
Home price recovery stalled through the first two months of the fourth quarter according to Case-Shiller data that shows a headline 0.2 percent decline in November for the composite-10 index following no change in October (158.49 Nov. vs. 158.83 Oct.). The report had shown a series of gains beginning in mid-year, gains that firmed hopes for wider recovery in the housing sector. The composite-20 index also fell 0.2 percent following a 0.1 percent decline in October (146.28 vs. 146.60).

Note though that the headline for this report, interestingly, is unadjusted. When adjusted the data look less downbeat, showing slowing and marginal rates of increase in what is still not the best news for the housing sector.

Today's report could have upset the housing outlook were it not for yesterday's existing home sales report which showed a big jump in December prices, one tied to a falling proportion of first-time buyers (related to the first expiration of first-time buyer credits). New home sales for December will be posted tomorrow and will offer new clues on pricing.

Definition
The S&P Corelogic Case-Shiller home price index tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the nation. Composite indexes and regional indexes measure changes in existing home prices and are based on single-family home resales. Condominiums and co-ops are excluded as is new construction.  Why Investors Care
 
 

2010 Release Schedule
Released On: 1/262/233/304/275/256/297/278/319/2810/2611/3012/28
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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