Case Schiller reported its numbers and for the San Francisco area and the numbers did drop.
The table below summarizes the results for February 2012. The S&P/Case-Shiller Home Price Indices are revised for the 24 prior months
February 2012 February/January January ’12/December ’11
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)
San Francisco 124.64 -0.7% -2.5 -4.1%
A summary of the monthly changes using the seasonally adjusted (SA) and non-seasonally adjusted
(NSA) data can be found in the table below.
February/January Change (%) January ’12/December ’11 Change (%)
NSA SA NSA SA
San Francisco -0.7% 0.1% -2.5% -0.6%
We wonder where the housing prices will go on planet Krypton.