Case-Shiller: Orange County Home Price Drops Slow Again

It’s time once again for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). Here’s a summary of the Los Angeles area, which includes LA and Orange Counties:

December 2008
Month to Month: Down 2.5%
Year to Year: Down 26.4%
Change from Peak: Down 37.4% in 27 months

Since Case-Shiller lumps LA and Orange Counties together, I won’t repeat everything I wrote on the LA Sweet Digs blog. For more analysis and some graphs of the LA Case-Shiller data, check out my post over there: Case-Shiller: Los Angeles Home Price Drops Slow 2 Months in a Row