Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Seattle-area home prices were: Down 1.0% September to October. Down 6.2% YOY. Down 30.2% from the July 2007 peak Last year prices fell 1.3% from September to October and year-over-year prices were down 4.1%. No big surprise…
Tag: Case-Shiller
Big Picture 2011: Case-Shiller HPI Rate of Increase
It’s time for another Big Picture Week on Seattle Bubble, in which we’ll examine a number of local home price factors and economic fundamentals from a higher level than we usually do. By eschewing our usual focus on month to month changes and taking a step back to look at trends over the last few…
Case-Shiller: Six to Sixteen Years of Lost Appreciation
Okay one last Case-Shiller post this week: The national “rewind” map, and the month-to-month city count visualization. First up, the map. As a refresher, in the map below I’ve put the Case-Shiller home price index data from all twenty cities on a map. The size of each circle represents how far back prices have rewound…
Case-Shiller Tiers: Middle Tier Took a Big Hit in September
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: Seattle Home Prices Fall into Fall
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Seattle-area home prices were: Down 1.1% August to September. Down 6.5% YOY. Down 29.5% from the July 2007 peak Last year prices fell 0.8% from July to August and year-over-year prices were down 2.4%. After increasing for…