Case-Shiller Home Price Index for April 2008 out


From the Case-Shiller PDF release today.

Steep Declines in Home Prices Continued in April 2008 According to the S&P/Case-Shiller Home Price Indices
New York, June 24, 2008 – Data through April 2008, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show annual declines in the prices of existing single family homes across the United States continued to worsen in April 2008, with all 20 MSAs now posting annual declines, 13 of which are posting record low annual declines, and 10 of which are in double-digits.

See also: Housing Prices (my blog entry tracking the monthly Case-Shiller releases)

Related articles
S&P/Case-Shiller Home Prices Fell 15.3% in April, Bloomberg News, 24 Jun 2008

Update: related posts
Naysayers: the housing bubble was obvious
Case-Shiller Time Machine

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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