Case-Shiller Tuesday: Up here, down there

Chicago home values rose 1 percent from June to July but dipped 1.7 percent year-over-year, according to the S&P / Case-Shiller July 2010 Home Price Indices.

I was shooting video this morning and missed the report’s rollout. Everyone’s chimed in on the report already, so instead of putting together my own fancy graph, I’ll just point the visual learners in our audience toward Calculated Risk’s long-term graphs of national home values, Gary Lucido’s long-term graph of Chicago values and accompanying commentary, and Fran Bailey’s 12-month graph of local values.

Still confused about where Case-Shiller’s numbers come from and what they mean? Diana Olick of CNBC tries to explain.

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