Case-Shiller Home Price Index Fell Further Through September

The Case-Shiller Home Price Index fell further - the September 2008 data, released on Tuesday, shows a year over year drop of 17.4% for the national index.

The most alarming aspect of these numbers is that they go through September, given what we know about sudden and dramatic slowdown in the economy in October and November, there is virtually no doubt that the housing price free-fall is going to continue for at least the next two reports.

David Blitzer Discusses Case-Shiller Index

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