Case-Shiller Housing Numbers
Wednesday, February 24, 2010 at 10:55AM 
The December 2009 S&P/Case-Shiller Housing Price indices were released yesterday, and both national composite indices (10- and 20-city) showed month-over-month and year-over-year declines. In December 2008, we were in the middle of the financial crisis, and home prices were still lower this past December than they were then.
As shown at right, six cities were up in price from 12/08 to 12/09 -- San Francisco (+4.83%), Dallas (+2.95%), San Diego (+2.71%), Washington DC (+1.86%), Denver (+1.15%), and Boston (+0.47%). Los Angeles was flat. Only three cities were still down 10% or more year-over-year (Detroit, Tampa, Las Vegas), and Las Vegas is by far the worst at -20%.
Las Vegas did see a month-over-month increase of 0.16%, however. The only other cities to see month-over-month increases were also out west -- San Diego, Los Angeles, and Phoenix. Chicago saw the biggest month-over-month decline from 11/09 to 12/09 at -1.64%.
Below we provide the historical year-over-year percentage changes in the various home price indices on a monthly basis.
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