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Posts Tagged ‘august housing stat’s’

Metro Area Home Price Index for August 2008

Wednesday, October 29, 2008 posted by Tommi Crow

The Standard and Poor’s/Case Shiller Home Price Index Shows the Housing Market continues to Correct.

Sales of homes in August were UP, which is good news.  The bad news is, sales were a result of falling home prices.  The report also revealed that one-third of homes sales in August were foreclosures.

Home Prices, by Metro Area

 

Metro Area    August 2008    Change from July    Year-over-year change    Two-year change   
Atlanta 124.82 -0.2% -8.5% -7.7%
Boston 162.75 0.1% -4.7% -8.1
Charlotte 132.10 -0.8% -2.8% 2.6%
Chicago 149.53 0.0% -9.8% -11%
Cleveland 110.54 1.1% -6.6% -10%
Dallas 122.90 -0.2% -2.7% -2.2%
Denver 132.64 0.0% -5.1% -5.4%
Detroit 92.44 -0.8% -17.2% -2.5%
Las Vegas 150.52 -2.4% -30.6% -36%
Los Angeles 189.18 -1.8% -26.7% -31%
Miami 183.48 -1.8% -28.1% -34%
Minneapolis 141.94 1.0% -13.8% -17%
New York 192.84 -0.2% -6.9% -10%
Phoenix 144.83 -2.9% -30.7% -36%
Portland 171.93 -1.3% -7.6% -5.0%
San Diego 168.23 -2.3% -25.8% -32%
San Francisco 151.42 -3.5% -27.3% -30%
Seattle 175.24 -0.7% -8.8% -3.6%
Tampa 174.30 -0.4% -18.1% -26%
Washington 194.86 -0.3% -15.4% -21%
Source: Standard & Poor’s and FiservData