Shiller's Housing Index 1/27/2009

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New YorkComposite 20

Shiller's Housing Indices - Northeast NYC Overall 01272009

DC-Washington MA-Boston NY-New York Composite-20Date WDXR BOXR NYXR SPCS20RJanuary 2000 100.00 100.00 100.00 100.00February 2000 100.53 100.36 100.54 100.76March 2000 101.70 101.31 101.27 101.95April 2000 103.34 103.27 102.41 103.50May 2000 104.91 105.85 104.35 105.20June 2000 106.29 108.48 106.00 106.76July 2000 107.72 110.00 107.52 107.77August 2000 109.10 111.38 108.90 108.64September 2000 110.18 112.67 109.76 109.35October 2000 110.50 114.11 110.51 110.04November 2000 110.99 115.36 110.89 110.81December 2000 111.96 116.56 111.87 111.58January 2001 112.73 117.67 112.66 112.39February 2001 113.99 118.51 113.51 113.07March 2001 115.40 119.94 114.48 114.14April 2001 117.90 121.54 115.60 115.29May 2001 119.30 123.11 116.38 116.24June 2001 120.93 125.12 117.90 117.29July 2001 122.31 126.76 119.66 118.20August 2001 123.61 128.26 121.41 119.09September 2001 124.50 129.62 122.91 119.84October 2001 124.87 130.51 123.86 120.31November 2001 124.93 130.94 124.74 120.53December 2001 125.65 130.06 124.72 120.43January 2002 125.99 129.93 125.19 120.64February 2002 127.19 129.63 125.40 121.06March 2002 128.47 131.21 126.50 122.30April 2002 130.78 133.34 127.93 123.92May 2002 133.40 136.76 129.89 125.86June 2002 135.67 139.56 132.20 127.82July 2002 138.48 141.77 135.18 129.66August 2002 140.68 143.66 137.74 131.22September 2002 142.39 145.85 139.69 132.43October 2002 143.30 147.43 141.58 133.55November 2002 143.77 148.33 143.29 134.41December 2002 144.96 147.28 145.20 135.15January 2003 145.19 146.79 146.55 135.64February 2003 146.01 147.18 147.30 136.19March 2003 146.75 148.99 148.38 137.20April 2003 148.92 150.42 149.53 138.56May 2003 151.53 152.15 150.88 140.06June 2003 154.00 153.30 151.86 141.39July 2003 156.47 154.21 153.50 142.99August 2003 158.70 154.97 155.14 144.56September 2003 161.01 156.38 157.10 146.28October 2003 162.65 157.63 158.73 147.82November 2003 164.14 158.63 160.59 149.22December 2003 165.79 158.58 162.31 150.49January 2004 167.79 158.54 163.63 151.69February 2004 169.51 159.19 164.92 153.10

Shiller's Housing Indices - Northeast NYC Overall 01272009

March 2004 172.30 161.10 166.61 155.49April 2004 176.62 164.29 168.30 158.47May 2004 182.19 166.59 170.52 161.60June 2004 188.02 168.57 172.90 164.82July 2004 192.08 169.69 175.74 167.43August 2004 195.39 170.90 177.93 169.31September 2004 198.24 172.18 179.79 170.96October 2004 200.79 173.97 181.90 172.41November 2004 203.31 174.04 183.69 173.65December 2004 206.06 173.42 185.16 174.83January 2005 208.63 173.43 187.19 176.44February 2005 212.24 174.76 189.29 178.50March 2005 217.86 176.92 192.17 181.30April 2005 224.09 179.04 194.10 184.24May 2005 229.87 181.17 195.96 187.21June 2005 235.38 181.33 197.77 190.10July 2005 239.50 181.90 199.86 192.67August 2005 242.06 181.67 202.33 194.98September 2005 244.11 182.45 204.83 197.36October 2005 245.44 182.07 207.64 199.40November 2005 246.70 181.69 210.30 200.97December 2005 247.37 179.44 212.68 201.97January 2006 247.70 178.17 213.50 202.44February 2006 248.39 176.28 214.47 203.19March 2006 248.86 177.12 214.33 203.65April 2006 250.17 177.62 214.97 204.82May 2006 251.07 178.61 215.57 205.86June 2006 250.99 177.90 215.83 206.38July 2006 249.92 177.79 215.25 206.52August 2006 247.94 177.28 214.34 206.18September 2006 244.78 176.34 214.08 205.80October 2006 243.73 175.72 214.28 205.41November 2006 242.28 172.59 214.24 204.65December 2006 240.45 170.31 213.79 203.33January 2007 238.85 168.29 212.78 202.31February 2007 237.98 168.04 212.51 201.57March 2007 237.14 168.52 212.39 201.01April 2007 236.17 169.61 211.61 200.53May 2007 235.41 170.96 210.51 200.12June 2007 234.02 171.29 209.49 199.44July 2007 232.17 171.77 208.36 198.71August 2007 230.21 170.84 207.17 197.37September 2007 229.25 170.73 206.37 195.69October 2007 227.56 169.33 205.52 192.97November 2007 223.85 167.39 204.36 188.94December 2007 218.35 164.58 202.08 184.96January 2008 213.20 162.59 200.44 180.69February 2008 207.95 160.31 198.29 175.96March 2008 203.39 158.52 196.51 172.20April 2008 201.32 158.68 194.73 169.98May 2008 199.27 160.34 194.22 168.60June 2008 197.61 162.31 194.74 167.78

Shiller's Housing Indices - Northeast NYC Overall 01272009

July 2008 195.44 162.58 193.71 166.36August 2008 194.15 162.75 193.49 164.65September 2008 189.99 160.98 191.65 161.64October 2008 184.92 159.17 189.79 158.12November 2008 180.50 155.03 186.81 154.59December 2008