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Tag: Case-Shiller
Case-Shiller Tiers: Oct. Price Rise Fails to Make up Sept. Losses
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’s Summer of Stalled Prices Stretches On
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Up 0.2% September to October. Up 0.4% September to October (seasonally adjusted) Down 12.4% YOY. Down 22.4% from the July 2007 peak Last year prices fell 1.4% from September to October (not seasonally adjusted) and year-over-year prices…
Personal Incomes Up Slightly, Homes Still Overpriced
The latest (third quarter) personal income stats from the Bureau of Economic Analysis came out today. Washington State showed a 0.6% increase from the second quarter to the third, but a record 1.5% year-over-year drop from the third quarter 2008. I thought it would be interesting to compare this measure to home prices. Keep in…
Case-Shiller Tiers: Middle Tier Falls Almost 1% August to 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…