Case-Shiller from 3 months into the future

Friday, November 7, 2008

San Diego HPI - October '08

City average: 37.9% off the peak
Top tier: 15.5% off the peak
Middle tier: 37.4% off the peak
Bottom tier: 45.9% off the peak

These numbers represent transactions that went into escrow in late August or early September. Stock market began tanking in the last week of September. I expect to see some impact of the stock market crash in November and December data.

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