{"id":103677,"date":"2016-03-29T07:05:40","date_gmt":"2016-03-29T14:05:40","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=103677"},"modified":"2016-03-29T11:28:35","modified_gmt":"2016-03-29T18:28:35","slug":"case-shiller-no-winter-price-dip","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2016\/03\/29\/case-shiller-no-winter-price-dip\/","title":{"rendered":"Case-Shiller: No Winter Price Dip For You!"},"content":{"rendered":"

Let’s have a look at the latest data from the Case-Shiller Home Price Index<\/a>. According to January data that was released today, Seattle-area home prices were:<\/p>\n

Up<\/strong> 0.2 percent December to January
\nUp<\/strong> 10.7 percent YOY.
\nDown<\/em> 2.8 percent from the July 2007 peak<\/p><\/blockquote>\n

Over the same period in 2014-2015 prices were down 0.5 percent month-over-month and year-over-year prices were up 6.8 percent.<\/p>\n

The Seattle area’s month-over-month home price change was positive again in January. Unlike the last few years, home prices did not dip the last few months of the year, but instead the gains just slowed down. This is similar to what happened in 2005 and 2006, although the affect was even stronger then. Meanwhile, the year-over-year price change in January jumped back up into double digits for the first time since April 2014, as well.<\/p>\n

In summary: It is still a terrible market to be a home buyer in.<\/p>\n

Here’s a 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

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