The Real Estate Wonk: Down-dooby-doo-down-down - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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October 30, 2007

Down-dooby-doo-down-down

The S&P/Case-Shiller house price index for August, released today, fell yet again -- the eight month in a row of declining values.

The index, as Wonk readers will recall, measures 20 large metro areas and Baltimore is not among them. But Washington is, and the index shows prices there falling 7.2 percent year-over-year. That's seventh-worst among the 20 metros.

“At both the national and metro area levels, the fall in home prices is showing no real signs of a slowdown or turnaround,” Robert J. Shiller, chief economist at MacroMarkets LLC, said in a statement.

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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