The Case-Shiller Index of home prices came out yesterday. It is an interesting index because it concentrates of resales and looks at the new prices of properties that have previously sold. In theory, it is tracking the same houses over time to see what values are doing.
In looking at the methodology, I think that there are some weaknesses in the way things are looked at, but the data is still interesting and relevant.
For the Atlanta area, C/S saw