April 28, 2009
Case-Shiller: OC Home Prices Slowly Headed for Solid Ground?
Let’s check in on the S&P/Case-Shiller Home Price Indices (HPI). Here’s a summary of the latest data for the Los Angeles area, which includes LA and Orange Counties:
February 2009
Month to Month: Down 2.0%
Year to Year: Down 24.1%
Change from Peak: Down 40.4% in 29 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: LA Home Prices Still Moving Slowly Toward Stabilization.
