This is one of several house prices indexes I follow in addition to Case-Shiller and CoreLogic. This is especially interesting this month for two reasons: 1) the index is showing a double dip in house prices, and 2) the graph showing house prices and REO saturation.
From Clear Capital: Clear Capital® Reports National Double Dip
Clear Capital (www.clearcapital.com) today released its monthly Home Data Index™ (HDI) Market
Report, and reports prices have double dipped nationally 0.7 percent below prior lows experienced in March 2009....MORE
Thursday, May 5, 2011
Straws in the Wind: "Clear Capital Home Price Index shows Double Dip"
From Calculated Risk: