The latest Case-Shiller US National Home Price Index has just been released.
It shows continued negative annual returns in the US Nation Home Price Index, the 10-city index and the 20-city index. Fifteen of the 20 metro area indices showed a decline.
Interestingly, Seattle fared well showing a 7.9% year over year gain, especially in light of the declines in the rest of the country.
The Case-Shiller index uses same home sales and is considered one of the more accurate methods of measuring trends in home prices.
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