Latest Case-Shiller Numbers Show Steep Slide

The S&P/Case-Sheller index came out today and the news is not very good. In the national index, prices were down 16% from the third quarter 2007 to the same period of this year. Prices overall are back to 2004 levels, erasing four years of gains. From the peak in the second quarter of 2006, prices are down 21% nationally.

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