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: Another New Low as Price Drops Slow
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle-area home prices were: Down 0.7% December to January. Down 4.0% YOY. Down 32.4% from the July 2007 peak Last year prices fell 2.4% from December to January and year-over-year prices were down 6.7%. Continuing toward zero…
Second Derivative Suggests Imminent Price Stabilization
At the risk of getting a little too technical and going off the quant deep end, I wanted to explore a different view of the Case-Shiller home price data that I haven’t shared on here before. Typically when we look at the Case-Shiller home price data on here, we look at three things: The raw…
Case-Shiller Tiers: All Three Tiers Fell Again in December
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…
Case-Shiller: 2011 Heads Out with a Fizzle
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to December data, Seattle-area home prices were: Down 1.3% November to December. Down 5.6% YOY. Down 31.9% from the July 2007 peak Last year prices fell 2.0% from November to December and year-over-year prices were down 6.0%. Still nothing too…