http://www.therealestatebloggers.com/2008/10/28/case-shiller-august-2008-numbers-financial-crisis-takes-toll/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2008/10/28/case-shiller-august-2008-numbers-financial-crisis-takes-toll/comment-page-1/#comment-289178 Misha Weidman Thu, 30 Oct 2008 21:01:55 +0000 http://www.therealestatebloggers.com/2008/10/28/case-shiller-august-2008-numbers-financial-crisis-takes-toll/#comment-289178 I think it's worth remembering that the Case-Shiller Index aggregates sales data from most Bay Area Counties, including Contra Costa County where median prices are down a whopping 45% YOY (year over year). I discuss the Case-Shiller Index and the discrepancy between its figures for "San Francisco" (really a huge Metropolitan Statistical Area, or "MSA") vs. the numbers for San Francisco on its own on my blog www.pegasusventures.net/wordpressblog. The picture still isn't great, but it's not nearly as bad as you'd believe if you just followed the Case-Shiller Index. I think it’s worth remembering that the Case-Shiller Index aggregates sales data from most Bay Area Counties, including Contra Costa County where median prices are down a whopping 45% YOY (year over year). I discuss the Case-Shiller Index and the discrepancy between its figures for “San Francisco” (really a huge Metropolitan Statistical Area, or “MSA”) vs. the numbers for San Francisco on its own on my blog http://www.pegasusventures.net/wordpressblog. The picture still isn’t great, but it’s not nearly as bad as you’d believe if you just followed the Case-Shiller Index.

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