Case-Shiller: Rapid Home Price Declines in OC
The latest Case-Shiller data was released last week. Here’s a summary of the Los Angeles area, which includes LA and Orange Counties:
October 2008
Month to Month: Down 2.6%
Year to Year: Down 27.9%
Change from Peak: Down 34.4%
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: Home Prices Continue Dropping Rapidly in LA.