The release of the Case Shiller Home Price Index shows a 1.2% decline in the seasonally adjusted index for the month to month change from August to September 2011 and a trivial increase of 0.1% in the unadjusted number. The New York metro area also showed a trivial improvement of 0.2% in the seasonally adjusted number and 0.1% in the non adjusted number. Nationally these results bring us back to home price levels of approximately early 2003 and brings New York back to about mid 2004.