{"id":11051,"date":"2010-05-25T06:30:23","date_gmt":"2010-05-25T13:30:23","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=11051"},"modified":"2010-05-25T06:57:36","modified_gmt":"2010-05-25T13:57:36","slug":"case-shiller-flat-is-the-new-up","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/05\/25\/case-shiller-flat-is-the-new-up\/","title":{"rendered":"Case-Shiller: Flat is the New Up"},"content":{"rendered":"

Let’s have a look at the latest data from the Case-Shiller Home Price Index<\/a>. According to March data,<\/p>\n

Up 0.1% February to March.
\nDown<\/em> 3.6% YOY.<\/strong>
\nDown<\/em> 25.3% from the July 2007 peak<\/p><\/blockquote>\n

Last year prices fell 2.0% from February to March and year-over-year prices were down 16.4%.<\/p>\n

Quick check: Is Bloomberg still running nonsense false headlines<\/a>? Home Prices in U.S. Cities Rose 2.3% in March<\/a>. Yup. In reality home prices were up month-to-month in only six cities, and year-to-year in ten cities.<\/p>\n

Anyway, here’s our offset graph—the same graph we post every month—with L.A. & San Diego time-shifted from Seattle & Portland by 17 months. All four cities climbed a little more in March, with San Diego grabbing the biggest gain. Portland came in at -2.8%, Los Angeles at +6.0%, and San Diego at +10.8%, still all better than Seattle.<\/p>\n

\"Case-Shiller<\/a><\/p>\n

Note:<\/strong> This graph is not intended to be predictive<\/strong>. It is for entertainment purposes only.<\/p>\n

Hit the jump for the rest of our monthly Case-Shiller charts, including interactive charts of all 20 cities.<\/p>\n

Here’s an interactive graph of all twenty Case-Shiller-tracked cities, courtesy of Tableau Software<\/a> (check and un-check the boxes on the right):<\/p>\n

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