- Miller Samuel Real Estate Appraisers & Consultants - http://ms.clash.outthinkgroup.com -

[S&P/Case Shiller] February 2010, Feels Like 2003

[1] [click to open report]

Last week S&P made the decision to de-emphasize seasonal adjustments [2] given the chaos of the past several years. A good move towards better transparency.

The S&P/Case Shiller Index showed:

After 5 consecutive months of m-o-m declines, the Case Shiller Index is feeling the influence of rising foreclosures and a possible housing double dip, despite the stimulus in sales activity from the multiple federal tax programs.