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re: Case-Shiller: Home prices fall in January

Posted on 3/27/12 at 3:37 pm to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 3/27/12 at 3:37 pm to
C-S 20-City HPI
(Year, High, Low)
2007, 202.31 (Jan), 184.97 (Dec)
2008, 180.68 (Jan), 150.54 (Dec)
2009, 146.63 (Jul), 139.26 (Apr)
2010, 148.88 (Jul), 142.39 (Dec)
2011, 142.96 (Aug), 136.61 (Dec)
2012 --> 135.46 (Jan)


Also, the C-S 10-City HPI has been calculated since January 1987. In August 1989 it was 82.08 when the CPI-U was at 124.6. For January 2012 (22.5 years later) it was 148.40 when the CPI-U was at 226.665, thus being lower in real dollar terms.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/27/12 at 4:10 pm to
Yeah right, every one knows real estate is a guaranteed profit over the long run.
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