{"id":21334,"date":"2012-08-30T12:00:29","date_gmt":"2012-08-30T19:00:29","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=21334"},"modified":"2013-09-04T11:20:11","modified_gmt":"2013-09-04T18:20:11","slug":"june-case-shiller-potpourri","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/08\/30\/june-case-shiller-potpourri\/","title":{"rendered":"June Case-Shiller Potpourri"},"content":{"rendered":"<p>Before we put away the Case-Shiller data for another month, let&#8217;s check in on a few of our alternative charts.<\/p>\n<p>First up, let&#8217;s take a look at the twenty-city month-over-month scorecard.  <a href=\"http:\/\/seattlebubble.com\/blog\/2011\/10\/28\/case-shiller-visualizing-month-to-month-price-weakness\/\" title=\"Case-Shiller: Visualizing Month-to-Month Price Weakness\">Here&#8217;s the original post introducing this chart<\/a> if you&#8217;d like more details.<\/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-Shiller-Cities-MoM_2012-06.png\" title=\"Case-Shiller Home Price Index: # of Cities Experiencing MoM Gains, Losses\" rel=\"lightbox[21334]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-Shiller-Cities-MoM_2012-06-600x435.png\" style=\"border: 0;\" title=\"Case-Shiller Home Price Index: # of Cities Experiencing MoM Gains, Losses - Click to enlarge\" alt=\"Case-Shiller Home Price Index: # of Cities Experiencing MoM Gains, Losses\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>I think it&#8217;s worth noting that June marks the first time since July 2005 that all twenty Case-Shiller cities were in the black for two months in a row.<\/p>\n<p>Next up, the second derivative.  For an introduction to this particular view, <a href=\"http:\/\/seattlebubble.com\/blog\/2012\/03\/08\/second-derivative-suggests-imminent-price-stabilization\/\" title=\"Second Derivative Suggests Imminent Price Stabilization\">hit the original post from March<\/a>.<\/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-Shiller-2nd-Derivative-annotated_2012-06.png\" title=\"Seattle Case-Shiller HPI 1st &#038; 2nd Derivatives\" rel=\"lightbox[21334]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-Shiller-2nd-Derivative-annotated_2012-06-600x435.png\" style=\"border: 0;\" title=\"Seattle Case-Shiller HPI 1st &#038; 2nd Derivatives - Click to enlarge\" alt=\"Seattle Case-Shiller HPI 1st &#038; 2nd Derivatives\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>The increasing trend that began in early 2011 is still in effect here in Seattle.  As of June 18 cities has positive second derivatives, for the fourth month in a row:<\/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-Shiller-Cities-YoYoM_2012-06.png\" title=\"Number of Cities Experiencing 2nd Derivative (YoYoM) Gains, Losses\" rel=\"lightbox[21334]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/08\/Case-Shiller-Cities-YoYoM_2012-06-600x435.png\" style=\"border: 0;\" title=\"Number of Cities Experiencing 2nd Derivative (YoYoM) Gains, Losses - Click to enlarge\" alt=\"Number of Cities Experiencing 2nd Derivative (YoYoM) Gains, Losses\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>Which two cities fell short has changed each of the last four months.  In June it was Charlotte and Dallas.  Outside of the period of time when the homebuyer tax credit was screwing with the market this is actually the strongest performance this chart has seen since before 2000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before we put away the Case-Shiller data for another month, let&#8217;s check in on a few of our alternative charts. First up, let&#8217;s take a look at the twenty-city month-over-month scorecard. Here&#8217;s the original post introducing this chart if you&#8217;d like more details. I think it&#8217;s worth noting that June marks the first time since&#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":[86,845,817,846],"coauthors":[],"class_list":["post-21334","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-case-shiller","tag-derivative","tag-month-over-month","tag-quant"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>June Case-Shiller Potpourri \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\/30\/june-case-shiller-potpourri\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"June Case-Shiller Potpourri \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Before we put away the Case-Shiller data for another month, let&#8217;s check in on a few of our alternative charts. 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