The latest Case-Shiller Home Price Index number for San Diego are out. As we know, the Case-Shiller HPI -- let&039;s just call it the HPI for short -- arrives with a considerable delay, so today&039;s value only represents home sales closed in July (which themselves represent deals made primarily in June). The world was a different place in June and July, lending-wise, and the HPI will continue not to reflect round 2 of the credit crunch until the September number at the earliest.Nonetheless, just for kicks let&039;s have a look at what was happening with aggregate resale prices as [...]
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[Source: The Money Blogs]
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