November 27, 2012 at 11:32 AM EST
S&P/Case-Shiller: September 2012
The latest release of the S&P/Case-Shiller (CSI) home price indices for September reported that the non-seasonally adjusted Composite-10 price index increased a slight 0.28% since August while the Composite-20 index increased 0.29% over the same period. The latest CSI data clearly indicates that the price trends, while continuing to experience a slight lift through the typically more active late-summer season, are beginning to see a flattening of sorts and as I recently pointed out , the more timely and less distorted Radar Logic RPX data is starting to see the leveling off of prices yield to the typical seasonal downtrend into the fall. The 10-city composite index increased 2.13% as compared to September 2011 while the 20-city composite increased 3.00% over the same period. Both of the broad composite indices show significant peak declines slumping -29.77% for the 10-city national index and -29.20% for the 20-city national index on a peak comparison basis. To better visualize today’s results use Blytic.com to view the full release .
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