Wednesday, October 27, 2010
3 indices show new drops in US prices
Four indices were released at the end of last week, and the Case-Schiller has already been mentioned by BBC article below. The FT Alphaville team analyse all four. One shows a slight rise, but the others show drops even before the (seasonally weak) Christmas period. US indices show averages over 3 months, so this covers the late summer. Most interestingly the nearest to realtime survey shows prices down by approaching 6% in this period.