The decline in housing prices during the Great Depression of the thirties peaked at a average loss of 25.9%. In November of last year, the current decline ticked past that landmark to hit 26%.
While signs are still looking up for the economic climate as a whole, housing prices failed to stabilize or grow at the end of 2010, according to Zillow.
The San Jose Mercury News reports that November "marked the 53rd consecutive month of home value declines, with the Zillow Home Value Index (ZHVI) falling 0.8% from October to November, and falling 5.1% year-over-year."
But Jonathan Berr at the 24/7 Wall Street blog says Zillow's data smells fishy:
"For one thing, the Zillow Home Value Index describes itself as 'the Mid-point of Zestimate valuations for the US.' The Zestimate, for the uninitiated, is 'Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value.'"
FULL STORY: Home value declines surpass those of Great Depression

Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?

Pedestrian Deaths Drop, Remain Twice as High as in 2009
Fatalities declined by 4 percent in 2024, but the U.S. is still nowhere close to ‘Vision Zero.’

King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.

Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
planning NEXT
Appalachian Highlands Housing Partners
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie