Sorry this is a day late. I completely spaced yesterday about it being Case-Shiller Day. Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Up 0.1% June to July. Down 1.6% YOY. Down 23.5% from the July 2007 peak Last year prices fell 0.1% from June…
Tag: Case-Shiller
Big Picture Week: Case-Shiller HPI Rate of Increase
We spend a lot of time on here talking about month-to-month changes in this or that index, looking for signs of what’s coming next in the housing market. This close scrutiny certainly has its place, but sometimes it’s helpful to take a step back and look at things in more of a long-term historical context….
Case-Shiller Tiers: Low Tier Boosted as Credit Expires
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: Tax Credit Out with a Whimper in Seattle
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Flat May to June (up 0.01%). Down 1.8% YOY. Down 23.6% from the July 2007 peak Last year prices rose 0.4% from May to June and year-over-year prices were down 16.1%. Considering that June was the last…
Case-Shiller Tiers: Expiring Tax Credit Bumps All 3 Tiers
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…