Excerpt from:  Flagstaff Real Estate and Community News
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January 26, 2010

Case Shiller Tosses More Housing Data In The Mix

Data shows 10-months of improved annual home prices -- that is, a slower rate of decline
Click for more charts from S&P/Case Schiller
Source: Standard & Poors and Fiserv

Home prices increased in Phoenix from October to November 2009, but Phoenix home prices were down over 14% from November 2008 according to a national housing survey released this morning. The S&P/Case-Shiller Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States. This data is closely watched by financial markets. Flagstaff is too small to be included in the S&P survey. For all the data released today from S&P/Case Schiller, click here.

S&P/Case-Schiller data lags a month behind the multiple-listing-service reports gathered from all markets by the National Association of Realtors® -- for yesterday’s report on NAR’s December home sales data, click here. For my report on Flagstaff home sales in December, click here.

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by Ann Heitland
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