The January 2010 Case Shiller report came out this morning.  Nineteen of the 20 real estate markets tracked lost ground compared with the previous month.  San Diego was the only market in positive territory.  The Portland market dropped to 143.69, down from 147. 29 in December.  Case Shiller reports come out the last Tuesday of each month with a 90 day lag.  The August 30th report will report May which will be the first month without the Home Buyer Credit.

The first graph shows Case Shiller data since the index was reset at 100 across all markets in January 2000.  The second graph shows a shorter time frame for clarity in the more recent years.  I created the graphs from the Case Shiller Excel data.  The third graph is from the March 2010 RMLS Market Action.  Case Shiller and RMLS use a different area and methodology so a direct comparison of the graphs is not possible.