Get S&P Case-Shiller Home Price Indices Report for May 26 2009

S &P Case Shiller announced the Seasonally Adjusted Home Price Values and Home Price Values for March 2009. This Home indices report was released on 26 may 2009 and its available on their website for download in excel format.

You may get the Case Shiller Index Home Price report here The S&P/Case-Shiller Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States.

These indices use the repeat sales pricing technique to measure housing markets. First developed by Karl Case and Robert Shiller, this methodology collects data on single-family home re-sales, capturing re-sold sale prices to form sale pairs. This index family consists of 20 regional indices and two composite indices as aggregates of the regions.

Case shiller index for march 2009 clearly represents a decline in home prices and demand for homes through america. It recorded a decline of 19.1% in first quarter. You can get the copy of the news report for case shiller.