Tuesday, December 30, 2008

Bad News in Residential Housing Continues

The news does not get any better with housing, even on the second to last day of the year. After the holiday I will take a closer look at how today's report is reflected in the Alameda Residential Housing market. But the synopsis is: The Standard & Poor's/Case-Shiller 10-City Composite Index was released today and it showed a plunged 19.1 percent from a year ago, the steepest declines in 20 years of available data. The 20-city index declined 18 percent.

Read the SF Chronicle Story:

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