Well, I asked for lower prices earlier, and that’s what we got:
Home prices continued falling at record paces, according to the Case Shiller Home Price Index.
Annual (-19.1%), quarterly (-7.5%) and monthly (-2.2%) data continue to show prices reverting back towards levels not seen for years.
March 2009 Case Shiller Home Price Index
As of the most data, prices have returned to 2002 levels; Will pre-2000 levels be next?
S&P/Case-Shiller U.S. National Home Price Index
Originally published at The Big Picture and reproduced here with the author’s permission.