Can You Say 30% Off-Peak?

by Alex Stenback on April 1, 2009

Case-Schiller HPI printed yesterday, shows the Twin Cities almost 30% off the peak,  which happened fall of 2006.  Calculated Risk has the summary, from which I scraped the graphic above.

As always, I’d encourage taking a spin through MAAR’s ”The 100” data sets for detailed information on individual areas within the Twin Cities. 

I tend to look at these reports as good-bad news. Painful as it may be, the quicker we mark a bottom, the better.

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