Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Tag: Case-Shiller
Case-Shiller: Seattle Home Prices Rise Early in February
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle-area home prices were: Up 0.6% January to February Up 12.8% YOY. Down 17.3% from the July 2007 peak Last year prices fell 0.3% from December to January and year-over-year prices were up 8.7%. Home prices in…
Case-Shiller Second Derivative Suggests Softer Prices
A reader requested an update to the second derivative chart of Seattle home prices, so here we go. This is a chart of the rate of change in the year-over-year change—the second derivative. For a more detailed explanation and some highlights of past inflection points, check out the original 2012 introduction of this chart. Here’s…
Case-Shiller: Home Prices Weakest Since Early 2012
Before we put away the January Case-Shiller data, let’s have a look at my favorite alternative Case-Shiller charts. First up, let’s take a look at the twenty-city month-over-month scorecard. Here’s the original post introducing this chart if you’d like more details. Click the image below for a super-wide version with the data back through 2000….
Case-Shiller Tiers: Middle Tier Took Biggest Hit in January
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…