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  1. 11-29-2009, 02:15 AM #1
    AirborneSapper7
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    Case-Shiller Predicts Massive 45% Fall From Today’s Values

    Case-Shiller Still Predicts Massive 45% Fall From Today’s Values

    November 24th, 2009


    The 10 major cities in the Standard & Poor’s/Case-Shiller home price index have risen 5% from their April low, but the index is still predicting a massive 45% fall from today’s values.

    The index is still showing a current loss of 30% from the high in June 2006. Based upon a trend generated from the actual prices of 1987 to 1997, and generated forward in a linear projection, the index will fall a total of 62% before it reaches the trend norm.

    A more comprehensive analysis of the 10-city index based upon a full 120 years of data shows current values off 36% and a comparatively modest 20% fall ahead.

    Review four charts and key data based upon major real estate price indexes at “Property Price Indexâ€
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  2. 11-29-2009, 07:31 AM #2
    ELE
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    This is all due to corrution and greed.
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