Tuesday, November 27, 2007

Macromarkets: Los Angeles area median housing price down -7.0% YOY for September 2007

The Case-Shiller index was released for September 2007.

According to the index, Los Angeles area median home price was down -7.0% from September 2006, and down -1.3% from August 2007. To learn more about the Case-Shiller methodology, visit Macromarkets.


Blogger bearmaster said...

Here is the Peter Hong story discussing the Case-Shiller Index for September.

L.A., O.C. prices fall sharply

Take note: $3 billion revenue shortfall in state coffers expected in 2008. I think that shortfall will grow. What's the Governator gonna do?!?

Also: the CEO of D.R. Horton said at an industry conference in Las Vegas that 2008 is going to be worse for the industry than 2007. Just when you think it can't get worse..it does.

3:01 PM, November 27, 2007  

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