{"id":21312,"date":"2012-08-28T07:30:10","date_gmt":"2012-08-28T14:30:10","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=21312"},"modified":"2012-08-28T07:45:21","modified_gmt":"2012-08-28T14:45:21","slug":"case-shiller-seattle-home-prices-keep-inching-up","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/","title":{"rendered":"Case-Shiller: Seattle Home Prices Keep Inching Up"},"content":{"rendered":"<p>behind the cycle, California, Case-Shiller, graphs, Statistics, Tableau<\/p>\n<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:\/\/www.homeprice.standardandpoors.com\/\">Case-Shiller Home Price Index<\/a>.  According to June data, Seattle-area home prices were:<\/p>\n<blockquote><p>Up 1.8% May to June.<br \/>\n<strong>Up 1.8% YOY.<\/strong><br \/>\n<em>Down<\/em> 27.3% from the July 2007 peak<\/p><\/blockquote>\n<p>Last year prices rose 0.7% from May to June and year-over-year prices were down 6.4%.<\/p>\n<p>June also marks the first month since the tax credit was in play that the 10-city and 20-city composite indices turned positive year-over-year.<\/p>\n<p>Here&#8217;s an interactive graph of the year-over-year change for all twenty Case-Shiller-tracked cities, courtesy of <a href=\"http:\/\/public.tableausoftware.com\/\" title=\"Tableau Software\">Tableau Software<\/a>  (check and un-check the boxes on the right):<\/p>\n<div style=\"width: 600px; height: 700px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><object class=\"tableauViz\" width=\"604\" height=\"669\" style=\"display:none;\"><param name=\"name\" value=\"Case-Shiller-YOY\/YOYChange\" \/><param name=\"toolbar\" value=\"yes\" \/><\/object><noscript>YOY Change<br \/><a href=\"http:\/\/seattlebubble.com\/blog\/2012\/08\/31\/case-shiller-seattle-back-in-the-black\/\"><img loading=\"lazy\" decoding=\"async\" alt=\"YOY Change\" src=\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-YOY-YOYChange_rss.png\" width=\"584\" height=\"620\" style=\"border:0;\" \/><\/a><\/noscript><\/p>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px; margin-top: -6px; color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"padding-left: 488px;\"><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>In June every city gained again.  Seattle came in slightly below the average, flipping from slightly above the average last month but still performing better than a year ago.<\/p>\n<p style=\"width: 600px; 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\/2012\/08\/Case-ShillerHPI_MOM_2012-06.png\" rel=\"lightbox[21312]\"><img loading=\"lazy\" decoding=\"async\" title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-ShillerHPI_MOM_2012-06-600x436.png\" alt=\"Case-Shiller HPI: Month-to-Month\" width=\"600\" height=\"436\" 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 June, ten of the twenty Case-Shiller-tracked cities gained more year-over-year than Seattle (the same number as May):<\/p>\n<ul>\n<li>Phoenix at +13.9%<\/li>\n<li>Minneapolis at +5.7%<\/li>\n<li>Miami at +4.4%<\/li>\n<li>Denver at +4.0%<\/li>\n<li>Washington, DC at +3.9%<\/li>\n<li>Dallas at +3.7%<\/li>\n<li>Tampa, FL at +3.4%<\/li>\n<li>San Francisco at +3.0%<\/li>\n<li>Portland at +3.0%<\/li>\n<li>Detroit at +2.5%<\/li>\n<\/ul>\n<p>Nine cities gained less than Seattle (or were falling) as of June: <a href=\"http:\/\/www.seattlepi.com\/business\/404163_economy23ww.html\" title=\"Seattle Economists: At Least We're Not Cleveland\">Cleveland<\/a>, Charlotte, Boston, San Diego, Los Angeles, Chicago, Las Vegas, New York, and Atlanta.<\/p>\n<p>Here&#8217;s the interactive chart of the raw HPI for all twenty cities through June.<\/p>\n<div style=\"width: 600px; height: 700px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><object class=\"tableauViz\" width=\"604\" height=\"669\" style=\"display:none;\"><param name=\"name\" value=\"Case-Shiller\/Case-ShillerHPI\" \/><param name=\"toolbar\" value=\"yes\" \/><\/object><noscript>Case-Shiller HPI <br \/><a href=\"http:\/\/seattlebubble.com\/blog\/2012\/08\/31\/case-shiller-seattle-back-in-the-black\/\"><img loading=\"lazy\" decoding=\"async\" alt=\"Case-Shiller HPI\" src=\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-Case-ShillerHPI_rss.png\" width=\"584\" height=\"620\" style=\"border:0;\" \/><\/a><\/noscript><\/p>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px; margin-top: -6px; color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"padding-left: 488px;\"><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=\"width: 600px; 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\/2012\/08\/Case-ShillerHPI_Decline-From-Peak_2012-06.png\" rel=\"lightbox[21312]\"><img loading=\"lazy\" decoding=\"async\" title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-ShillerHPI_Decline-From-Peak_2012-06-600x436.png\" alt=\"Case-Shiller HPI: Decline From Peak\" width=\"600\" height=\"436\" style=\"border:0;\" \/><\/a><\/p>\n<p>In the fifty-nine months since the price peak in Seattle prices have declined 27.3%.<\/p>\n<p>Lastly, let&#8217;s see just how far back Seattle&#8217;s home prices have &#8220;rewound.&#8221;  As of June: December 2004.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-ShillerHPI_Seattle-Reverting_2012-06.png\" title=\"Case-Shiller: Seattle Home Price Index\" rel=\"lightbox[21312]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-ShillerHPI_Seattle-Reverting_2012-06-600x436.png\" style=\"border: 0;\" title=\"Case-Shiller: Seattle Home Price Index - Click to enlarge\" alt=\"Case-Shiller: Seattle Home Price Index\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>Check back tomorrow for a post on the 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:\/\/www.homeprice.standardandpoors.com\/\">Standard &amp; Poor\u2019s<\/a>, 08.28.2012<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>behind the cycle, California, Case-Shiller, graphs, Statistics, Tableau Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Seattle-area home prices were: Up 1.8% May to June. Up 1.8% YOY. Down 27.3% from the July 2007 peak Last year prices rose 0.7% from May to June and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"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":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[138,136,86,222,200,531],"coauthors":[],"class_list":["post-21312","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-behind-the-cycle","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 Home Prices Keep Inching Up \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\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Seattle Home Prices Keep Inching Up \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"behind the cycle, California, Case-Shiller, graphs, Statistics, Tableau Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Seattle-area home prices were: Up 1.8% May to June. Up 1.8% YOY. Down 27.3% from the July 2007 peak Last year prices rose 0.7% from May to June and...\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-YOY-YOYChange_rss.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\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/\",\"name\":\"Case-Shiller: Seattle Home Prices Keep Inching Up \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-YOY-YOYChange_rss.png\",\"datePublished\":\"2012-08-28T14:30:10+00:00\",\"dateModified\":\"2012-08-28T14:45:21+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/#primaryimage\",\"url\":\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-YOY-YOYChange_rss.png\",\"contentUrl\":\"http:\/\/public.tableausoftware.com\/static\/images\/Case-Shiller-YOY-YOYChange_rss.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/08\/28\/case-shiller-seattle-home-prices-keep-inching-up\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case-Shiller: Seattle Home Prices Keep Inching Up\"}]},{\"@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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According to June data, Seattle-area home prices were: Up 1.8% May to June. Up 1.8% YOY. 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