Standard & Poor's released data on the Case-Shiller Home Price Indices for November, and the news is, as the S&P release states, decidedly "mixed."  Housing prices were still falling in November, but the rate of decline improved for the 10th straight month.  From the report:

The chart above shows the index levels for the 10-City and 20-City Composite Indices. As of November 2009, average home prices across the United States are at similar levels to where they were in late 2003. From the peak in the second quarter of 2006 through the trough in April 2009, the 10-City Composite is down 33.5% and the 20-City Composite is down 32.6%. The peak-to-date figures through November 2009 are -30.0% and -29.2%, respectively.

California cities showed real improvement over October's data--Los Angeles, San Diego, and San Francisco all had prices go up in the month.  Phoenix had the biggest jump from October--a 1.1% gain--but is still behind only Las Vegas with the second largest decline in year-over-year data (Las Vegas has a 1-year change of -24.5%, compared to -14.2% for Phoenix).  Dallas (1.4%), Denver (0.5%), San Diego (0.4%), and San Francisco (1.0%) are the only cities included in the twenty-city composite indices to have positive 1-year changes. 

Read the full report here.