As I have noted in the past, since the home price index data provided by Radar Logic is more timely, unadjusted and un-smoothed it is particularly useful for gaining deeper visibility over our housing markets especially in light of the distortions created by the massive government tax gimmick and other malfeasance.As for the latest trends, it’s important to note that the 25-MSA Composite is continuing to show significant year-over-year declines and has just broken below the low value reached in March of 2009 prior to the government's massive housing boondoggle.
The latest data shows that as of early January, prices are 3.59% below the level seen in January 2010.
