Keeping you up to date on the latest data releases.
The 10- and 20-city S&P Case-Shiller Home Price Indexes fell 0.8 percent from December to January. Over the past 12 months the 10-city composite has fallen 3.9 percent and the 20-city composite is down 3.8 percent. Eight of the covered cites have posted new index lows, while Denver, Detroit, and Phoenix were the only cities to post positive annual gains. Both indexes are now down 34.4 percent from their 2006 peaks and back to early 2003 levels.
The FHFA Housing Price Index went unchanged on a seasonally-adjusted basis from December to January, and is down 0.8 percent over the past 12 months. Regionally, annual price changes ranged from a 5.2 percent increase in the West North Central division to a 2.4 percent decline in the Pacific division. The U.S. index is down 19.2 percent from its April 2007 peak and back to the early 2004 index level.