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Seattle Bubble Forum Archive • View topic - Case Shiller out for March - Seattle up 0.9%

Case Shiller out for March - Seattle up 0.9%

Anything and everything relating to Seattle-area real estate.

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Case Shiller out for March - Seattle up 0.9%

Postby deejayoh » Tue May 29, 2007 8:10 am

A little less than I expected. About a month ago, I had done a simple model to predict how appreciation would tail off, based on historical seasonality and the overall trend. Here's what I posted then, with this month's actual performance against it

Mo Year Annual Month Annual Month
03 2007 10.0% (1.2%) 10.0% (0.9%)
04 2007 9.4% (1.0%)
05 2007 8.7% (0.9%)
06 2007 8.1% (1.1%)
07 2007 7.5% (0.6%)
08 2007 6.8% (0.4%)
09 2007 6.2% (0.0%)
10 2007 5.6% (-0.2%)
11 2007 4.9% (-0.6%)
12 2007 4.3% (-0.6%)

Let's see how I do...
Last edited by deejayoh on Tue May 29, 2007 1:53 pm, edited 1 time in total.
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Re: Case Shiller out for February - Seattle up 0.9%

Postby sniglet » Tue May 29, 2007 8:54 am

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Postby deejayoh » Tue May 29, 2007 10:03 am

OK - so the problem with CS is that it is released almost 2 months in arrears. It is more accurate than Median price, but its kind of old news.

However, if you look over at it is possible to get a peek at how median price performance is going even before the month is over.

If the screenshot below is accurate, then methinks the spamming this month about median price performance should be minimal. As of 5/27 - MoM performance appears flat to down. YoY Seattle will, of course, still be up - but at an ever decreasing pace...

Image
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