This is not surprising. The S&P/Case-Shiller Home Index today reported a year-over-year decline in the sale prices in the first quarter for its ten-city and twenty-city index. Each index fell approximately 1% from a year earlier. In the markets that most affect Maui, San Diego was down 6%, San Fransisco was down 2.3% and Seattle was up 10%. For more information, contact us!