National Home Prices Have Suffered Their First Real Decrease Since 1991

The Standard and Poor’s Case-Shiller Index is the gold standard on home prices. The methodology is very sound and you can read it by clicking here if you like. One of the reasons it is the gold standard is the way they track the individual and composite numbers. The latest index show a 1.4% decline in the first quarter year over year.

You can read the press release summarizing the latest numbers by clicking here.

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