by Calculated Risk on 12/26/2007 10:04:00 AM

Update: added table of price changes. S&P/Case-Shiller data.

Note that this is the year over year decline (October '06 to October '07) and only for 20 large U.S. metropolitan areas (not the entire U.S.)

From Bloomberg: U.S. Home Prices Fell 6.1% in October, Index Shows

Home prices in 20 U.S. metropolitan areas fell in October by the most in at least six years, a private survey showed today.

Property values fell 6.1 percent from October 2006, more than forecast, after dropping 4.9 percent in September, according to the S&P/Case-Shiller home-price index. The decrease was the biggest since the group started keeping year-over-year records in 2001. The index has fallen every month this year.

City	Year over Year Price Change
Charlotte - NC	4.3%
Seattle - WA	3.3%
Portland - OR	1.9%
Dallas - TX	-0.1%
Atlanta - GA	-0.7%
Denver	-1.8%
Chicago	-3.2%
Boston	-3.6%
New York	-4.1%
Cleveland - OH	-4.5%
Minneapolis- MN	-5.5%
San Francisco	-6.2%
Washington	-7.0%
Los Angeles	-8.8%
Phoenix - AZ	-10.6%
Las Vegas	-10.7%
San Diego	-11.1%
Detroit - MI	-11.2%
Tampa - FL	-11.8%
Miami	-12.4%
Composite-20	-6.1%