{"id":103310,"date":"2015-10-27T06:53:25","date_gmt":"2015-10-27T13:53:25","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=103310"},"modified":"2015-10-30T08:39:34","modified_gmt":"2015-10-30T15:39:34","slug":"case-shiller-prices-gains-slow-slightly-in-august","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2015\/10\/27\/case-shiller-prices-gains-slow-slightly-in-august\/","title":{"rendered":"Case-Shiller: Prices Gains Slow Slightly in August"},"content":{"rendered":"<p>Let&#8217;s have a look at the latest data from the <a title=\"S&amp;P\/Case-Shiller\u00ae Home Price Indices\" href=\"http:\/\/us.spindices.com\/index-family\/real-estate\/sp-case-shiller\">Case-Shiller Home Price Index<\/a>. According to August data that was released today, Seattle-area home prices were:<\/p>\n<blockquote><p><strong>Up<\/strong> 0.3 percent July to August<br \/>\n<strong>Up<\/strong> 7.6 percent YOY.<br \/>\n<em>Down<\/em> 4.4 percent from the July 2007 peak<\/p><\/blockquote>\n<p>Last year at this time prices were flat month-over-month and year-over-year prices were up 6.5 percent.<\/p>\n<p>The Seattle area&#8217;s month-over-month home price change was slightly smaller in August than the month before, but stronger than last year. As a result, the year-over-year pric change rose to its highest level since June of last year.<\/p>\n<p>Here&#8217;s a <a href=\"http:\/\/public.tableausoftware.com\/\" title=\"Tableau Software\">Tableau Public<\/a> interactive graph of the year-over-year change for all twenty Case-Shiller-tracked cities. Check and un-check the boxes on the right to modify which cities are showing:<\/p>\n<div style=\"height: 700px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:604px; height:669px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2015\/10\/27\/case-shiller-prices-gains-slow-slightly-in-august\/\"><img decoding=\"async\" alt=\"YOY Change\" src=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller-YOY&#47;YOYChange&#47;1_rss.png\" style=\"border: none\" \/><\/a><\/noscript><object class=\"tableauViz\" width=\"604\" height=\"669\" style=\"display:none;\"><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Case-Shiller-YOY&#47;YOYChange\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller-YOY&#47;YOYChange&#47;1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><\/object><\/div>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px;color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"float:right; padding-right:8px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/Case-Shiller-YOY\/YOYChange\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>Seattle&#8217;s rank for month-over-month changes rose from #16 in July to #12 in August.<\/p>\n<p style=\"font-size: 0.8em; text-align: center;\"><a title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_MOM_2015-08.png\" rel=\"lightbox[103310]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_MOM_2015-08.png\" alt=\"Case-Shiller HPI: Month-to-Month\" style=\"border:0;\" \/><\/a><\/p>\n<p>Hit the jump for the rest of our monthly Case-Shiller charts, including the interactive chart of raw index data for all 20 cities.<\/p>\n<p><!--more-->In August, four of the twenty Case-Shiller-tracked cities gained more year-over-year than Seattle (the same number as July):<\/p>\n<ul>\n<li>San Francisco at +10.7%<\/li>\n<li>Denver at +10.7%<\/li>\n<li>Portland at +9.4%<\/li>\n<li>Dallas at +8.9%<\/li>\n<\/ul>\n<p>Denver, Dallas, Portland, and Boston all hit new all-time highs in August.<\/p>\n<p>Fifteen cities gained less than Seattle as of August: Miami, Los Angeles, Tampa, Las Vegas, San Diego, Atlanta, Detroit, Phoenix, Charlotte, Boston, Minneapolis, Cleveland, Washington, Chicago, and New York.<\/p>\n<p>Here&#8217;s the interactive chart of the raw HPI for all twenty cities through August.<\/p>\n<div style=\"height: 700px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:604px; height:669px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2015\/10\/27\/case-shiller-prices-gains-slow-slightly-in-august\/\"><img decoding=\"async\" alt=\"Case-Shiller HPI \" src=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller&#47;Case-ShillerHPI&#47;1_rss.png\" style=\"border: none\" \/><\/a><\/noscript><object class=\"tableauViz\" width=\"604\" height=\"669\" style=\"display:none;\"><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Case-Shiller&#47;Case-ShillerHPI\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller&#47;Case-ShillerHPI&#47;1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><\/object><\/div>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px;color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"float:right; padding-right:8px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/Case-Shiller\/Case-ShillerHPI\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>Here&#8217;s an update to the peak-decline graph, inspired by a graph <a title=\"Comment by CrystalBall\" href=\"http:\/\/seattlebubble.com\/blog\/2008\/01\/29\/case-shiller-november-seattle-playing-catch-up\/#comment-38661\">created by reader CrystalBall<\/a>.  This chart takes the twelve cities whose peak index was greater than 175, and tracks how far they have fallen so far from their peak.  The horizontal axis shows the total number of months since each individual city peaked.<\/p>\n<p style=\"font-size: 0.8em; text-align: center;\"><a title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_Decline-From-Peak_2015-08.png\" rel=\"lightbox[103310]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_Decline-From-Peak_2015-08.png\" alt=\"Case-Shiller HPI: Decline From Peak\" style=\"border:0;\" \/><\/a><\/p>\n<p>In the ninety-seven months since the price peak in Seattle prices are down 4.4 percent.<\/p>\n<p>Lastly, let&#8217;s see what month in the past Seattle&#8217;s current prices most compare to. As of August 2015, Seattle prices are approximately where they were in September 2006.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_Seattle-Reverting_2015-08.png\" title=\"Case-Shiller: Seattle Home Price Index\" rel=\"lightbox[103310]\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/10\/Case-ShillerHPI_Seattle-Reverting_2015-08.png\" style=\"border: 0;\" title=\"Case-Shiller: Seattle Home Price Index - Click to enlarge\" alt=\"Case-Shiller: Seattle Home Price Index\" \/><\/a><\/p>\n<p>Check back tomorrow for our monthly look at Case-Shiller data for Seattle&#8217;s price tiers.<\/p>\n<p>(<em>Home Price Indices, <a title=\"S&amp;P\/Case-Shiller\u00ae Home Price Indices\" href=\"http:\/\/us.spindices.com\/index-family\/real-estate\/sp-case-shiller\">Standard &amp; Poor&#8217;s<\/a>, 2015-10-27<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released today, Seattle-area home prices were: Up 0.3 percent July to August Up 7.6 percent YOY. Down 4.4 percent from the July 2007 peak Last year at this time prices were flat month-over-month and year-over-year&#8230;<\/p>\n","protected":false},"author":2,"featured_media":103325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: Case-Shiller: Prices Gains Slow Slightly in August","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[136,86,222,200,531],"coauthors":[],"class_list":["post-103310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-california","tag-case-shiller","tag-graphs","tag-statistics","tag-tableau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Case-Shiller: Prices Gains Slow Slightly in August \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2015\/10\/27\/case-shiller-prices-gains-slow-slightly-in-august\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Prices Gains Slow Slightly in August \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released today, Seattle-area home prices were: Up 0.3 percent July to August Up 7.6 percent YOY. 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According to August data that was released today, Seattle-area home prices were: Up 0.3 percent July to August Up 7.6 percent YOY. 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