As Predicted, Case-Shiller October 10- and 20-City Composites Show Annual Depreciation

Guest Contributor
Published: 01/02/2012
Posted by: RE Technology

This artice comes to us from the Zillow Real Estate Research blog.

This morning, the S&P/Case-Shiller Home Price Indices showed that the not-seasonally adjusted October 10- and 20-City Composite declined -3.0% and -3.4% on a year-over-year basis, in line with Zillow’s forecast, which we released last week. On a seasonally adjusted monthly basis, the 20-City Composite fell 0.6% from September to October while the 10-City Composite fell 0.5%. The table below shows how our forecast compared with the actual numbers.