As you may recall, a few months ago the NWMLS statistics for April showed a slight increase in prices (+2.0%) month-to-month. Well, the April Case-Shiller Home Price Index has been published, and surprisingly, they show an increase for April as well, but not nearly as much: Up 0.7% March to April. Down 4.9% YOY. According…
Tag: behind the cycle
Case-Shiller: Prices Still Falling (Even in Seattle)
The March Case-Shiller Home Price Index came in fairly close to, but slightly worse than the NWMLS statistics for the same month. Down 0.9% February to March. Down 4.4% YOY. According to Case-Shiller, home prices in Seattle have now declined a total of 7.3% from their July 2007 peak, and have retreated to just above…
Case-Shiller: Seattle Prices Rewound to Summer ’06
Winter for Seattle home prices continued in February according to the latest data from the Case-Shiller Home Price Index. Down 1.0% January to February. Down 2.7% YOY. The only people surprised by this data are the real estate agents that really believed it in 2006-2007 when they told people that it was “a great time…
Case-Shiller: Welcome to Depreciation, Seattle
Home prices in Seattle continue to decline, at an increasing rate, according to the latest data from the Case-Shiller Home Price Index. Down 1.76% December to January. Down 1.25% YOY. In a big surprise to absolutely no one, Seattle is now officially in the realm of year-to-year price declines. What a change from just one…
Case-Shiller: Seattle’s Trend-Bucking Days are Over
Home prices in Seattle edged down again to within an inch of zero year-over-year change, according to the latest data from the Case-Shiller Home Price Index. Down 1.21% November to December. Up 0.49% YOY. For those of you keeping score at home, that makes five month-to-month declines in a row. Seattle has now declined a…