Home Price Declines: It Aint Over Until It’s Over

by Alex Stenback on July 29, 2008

With the S&P Case Schiller Home Price Index posting record declines for May, the old adage holds: It Ain’t Over Til It’s Over.

As for the Twin Cities, the decline was only very slightly better than the composite averages, as you can see below (click to biggify.)

May_2008_case_schiller_hpi
As we always point out, these metro area focused numbers may not apply to your own backyard, so for more specific city-by-city data, The 100, published by the Minneapolis Area Association of Realtors, is a great place to start.

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