Case-Shiller update

Here's the latest S&P/Case-Shiller monthly index for Los Angeles, and their original ten-city composite, just released for August. (I also updated Saturday's "SM vs. Case-Shiller, revisited" post with it.)

Los Angeles is now down 5.8% from the peak in September 2006 - another 1% from July. The national index is down 5.3% from its peak in June 2006 - another .7% from July. In contrast, Los Angeles fell 27% from the last peak in June 1990 to the low in March 1996.

For more and bigger Case-Shiller graphs see Paper Economy.