Latest Case-Shiller Housing Price Index

S&P released the July Case-Shiller Index today. Check out our line chart to follow the trend in each market.

Click the graph for a larger version. Many of the most inflated markets are still in free-fall mode, but the 20 metropolitan area composite seems to be starting to level off. Markets such as Charlotte, Denver, Atlanta, and Dallas - areas with the most moderate increases during the height of the bubble - seem to be in the best shape.

Minneapolis seems to be rebounding slightly after a sharp decline in the last year, but Detroit has fallen below its mark in 2000. How far can prices fall? Check out Wendell's take on realistic housing prices. Here's a big version of the chart.