Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to March data, Seattle home prices were: Up 0.1% February to March. Down 7.5% YOY. Down 30.9% from the July 2007 peak Last year prices also rose 0.1% from…
Tag: Case-Shiller
Seattle Home Prices Average 4% Annual Gains Since 1990
I updated my chart that compares the gains in Seattle’s Case-Shiller Home Price Index with consistent annual increases at various levels, and noticed that for the first time since 1997, home prices dropped below the level of 4% annual gains since 1990. I’ve also added a plot of the Consumer Price Index for the Seattle…
Case-Shiller Tiers: Middle Tier Also Hits Double-Digit Drops
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 Rewound to June 2004
Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle home prices were: Down 1.9% January to February. Down 7.5% YOY. Down 30.9% from the July 2007 peak Last year prices fell 1.1% from January…
Case-Shiller Tiers: Low Tier Still Getting Walloped
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…