{"id":104773,"date":"2017-08-29T10:25:17","date_gmt":"2017-08-29T17:25:17","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=104773"},"modified":"2017-08-29T10:25:17","modified_gmt":"2017-08-29T17:25:17","slug":"case-shiller-seattle-top-june","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/","title":{"rendered":"Case-Shiller: Seattle On Top Again in June"},"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 June data that was released this morning, Seattle-area home prices were:<\/p>\n<blockquote><p><strong>Up<\/strong> 1.4 percent May to June<br \/>\n<strong>Up<\/strong> 13.4 percent year-over-year.<br \/>\n<strong>Up<\/strong> 19.4 percent from the July 2007 peak<\/p><\/blockquote>\n<p>Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 11.0 percent.<\/p>\n<p>Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in year-over-year home price growth. However, there was one city that passed Seattle in month-over-month price gains in June&mdash;Detroit, of all places.<\/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: 800px; 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:704px; height:769px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-on-top-again-in-june\/\"><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=\"704\" height=\"769\" 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:704px;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 hit #1 in February and has held that position since then, through May.<\/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\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png\" rel=\"lightbox[104773]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.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 metro areas.<\/p>\n<p><!--more-->Seattle&#8217;s year-over-year price growth edged up yet again from May to June, to a new post-peah high. The highest level since October 2006. Yet again in June, none of the twenty Case-Shiller-tracked metro areas gained more year-over-year than Seattle. In fact, none of the other cities even saw double-digit growth. From February through August of last year, Portland had been in the #1 slot above Seattle.<\/p>\n<p>The same eight cities as last month hit new all-time highs again in June: San Francisco, Denver, Atlanta, Boston, Charlotte, Portland, Dallas, and Seattle.<\/p>\n<p>Here&#8217;s the interactive chart of the raw HPI for all twenty metro areas through June.<\/p>\n<div style=\"height: 800px; 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:704px; height:769px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-on-top-again-in-june\/\"><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=\"704\" height=\"769\" 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:704px;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 metro areas 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\/2017\/08\/Case-ShillerHPI_Decline-From-Peak_2017-06.png\" rel=\"lightbox[104773]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_Decline-From-Peak_2017-06.png\" alt=\"Case-Shiller HPI: Decline From Peak\" style=\"border:0;\" \/><\/a><\/p>\n<p>In the 119 months since the price peak in Seattle prices are up 19.4 percent.<\/p>\n<p>Lastly, let&#8217;s see how Seattle&#8217;s current prices compare to the previous bubble inflation and subsequent burst. Note that this chart does not adjust for inflation.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_Seattle-Reverting_2017-06.png\" title=\"Case-Shiller: Seattle Home Price Index\" rel=\"lightbox[104773]\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_Seattle-Reverting_2017-06.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>Here&#8217;s the Seattle Times story about this month&#8217;s numbers: <a href=\"http:\/\/www.seattletimes.com\/business\/real-estate\/seattle-leads-nation-in-home-price-growth-for-10th-straight-month\/\" title=\"Seattle leads nation in home price growth for 10th straight month\">Seattle leads nation in home price growth for 10th straight month<\/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>, 2017-08-29<\/em>)<\/p>\n","protected":false},"excerpt":{"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 June data that was released this morning, Seattle-area home prices were:<\/p>\n<blockquote><p><strong>Up<\/strong> 1.4 percent May to June<br \/>\n<strong>Up<\/strong> 13.4 percent year-over-year.<br \/>\n<strong>Up<\/strong> 19.4 percent from the July 2007 peak<\/p><\/blockquote>\n<p>Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 11.0 percent.<\/p>\n<p>Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in year-over-year home price growth. However, there was one city that passed Seattle in month-over-month price gains in June&mdash;Detroit, of all places.<\/p>\n","protected":false},"author":2,"featured_media":104776,"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: Seattle On Top Again in June","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":[1158],"class_list":["post-104773","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: Seattle On Top Again in June \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\/2017\/08\/29\/case-shiller-seattle-top-june\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Seattle On Top Again in June \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#039;s have a look at the latest data from the Case-Shiller Home Price Index. According to June data that was released this morning, Seattle-area home prices were:  Up 1.4 percent May to June Up 13.4 percent year-over-year. Up 19.4 percent from the July 2007 peak Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 11.0 percent.  Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in year-over-year home price growth. However, there was one city that passed Seattle in month-over-month price gains in June&mdash;Detroit, of all places.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/\",\"name\":\"Case-Shiller: Seattle On Top Again in June \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png\",\"datePublished\":\"2017-08-29T17:25:17+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png\",\"width\":915,\"height\":666},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case-Shiller: Seattle On Top Again in June\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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According to June data that was released this morning, Seattle-area home prices were:  Up 1.4 percent May to June Up 13.4 percent year-over-year. Up 19.4 percent from the July 2007 peak Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 11.0 percent.  Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in year-over-year home price growth. However, there was one city that passed Seattle in month-over-month price gains in June&mdash;Detroit, of all places.","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/","url":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/","name":"Case-Shiller: Seattle On Top Again in June \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage"},"thumbnailUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png","datePublished":"2017-08-29T17:25:17+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/08\/Case-ShillerHPI_MOM_2017-06.png","width":915,"height":666},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2017\/08\/29\/case-shiller-seattle-top-june\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Case-Shiller: Seattle On Top Again in June"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. 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