Twin Cities Homes Prices Drop 12.5% According to Case-Shiller Index

On April 29th, the S&P/Case-Shiller Index was released with data through the month of January 2008. It shows continued and consistent declines in pricing throughout the U.S. The Twin Cities is showing a decline of 12.5% leaving the Twin Cities about in the middle of the pack of cities studied by Case-Shiller.

Here is the press release and I’ve graphed the data below for 4 months running.

Case-Shiller Index 4-29-08