{"id":12309,"date":"2010-08-31T06:40:42","date_gmt":"2010-08-31T13:40:42","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=12309"},"modified":"2010-08-31T06:40:42","modified_gmt":"2010-08-31T13:40:42","slug":"case-shiller-tax-credit-out-with-a-whimper-in-seattle","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/08\/31\/case-shiller-tax-credit-out-with-a-whimper-in-seattle\/","title":{"rendered":"Case-Shiller: Tax Credit Out with a Whimper in Seattle"},"content":{"rendered":"

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

Flat May to June (up 0.01%).
\nDown<\/em> 1.8% YOY.<\/strong>
\nDown<\/em> 23.6% from the July 2007 peak<\/p><\/blockquote>\n

Last year prices rose<\/em> 0.4% from May to June and year-over-year prices were down 16.1%.<\/p>\n

Considering that June was the last month of the tax credit, I actually expected to see about a 1% month-to-month bump. I’m rather surprised that Seattle was flat.<\/p>\n

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 actually turned down slightly on this chart in June. Year-over-year, Portland came in at +0.2%, Los Angeles at +9.2%, and San Diego at +11.2%. Seattle is still the only West Coast Case-Shiller city still falling year-to-year.<\/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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