{"id":25122,"date":"2012-12-26T12:45:13","date_gmt":"2012-12-26T20:45:13","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=25122"},"modified":"2012-12-26T12:45:13","modified_gmt":"2012-12-26T20:45:13","slug":"case-shiller-yearly-price-gain-increased-again-in-october","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/","title":{"rendered":"Case-Shiller: Yearly Price Gain Increased Again in October"},"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:\/\/www.homeprice.standardandpoors.com\/\">Case-Shiller Home Price Index<\/a>.  According to October data, Seattle-area home prices were:<\/p>\n<blockquote><p><em>Down<\/em> 0.2% September to October.<br \/>\n<strong>Up 5.7% YOY.<\/strong><br \/>\n<em>Down<\/em> 26.3% from the July 2007 peak<\/p><\/blockquote>\n<p>Last year prices fell 1.0% from September to October and year-over-year prices were down 6.2%.<\/p>\n<p>Nothing surprising here.  Prices tend to fall a bit as the year winds to a close, but this year&#8217;s drop is quite a bit smaller than what we saw last 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><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:604px; height:669px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\"><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=\"604\" height=\"669\" 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:604px;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 stayed in the middle of the pack for month-over-month changes in October.<\/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\/12\/Case-ShillerHPI_MOM_2012-10.png\" rel=\"lightbox[25122]\"><img loading=\"lazy\" decoding=\"async\" title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_MOM_2012-10-600x436.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 October, ten of the twenty Case-Shiller-tracked cities gained more year-over-year than Seattle (three more than September):<\/p>\n<ul>\n<li>Phoenix at +21.7%<\/li>\n<li>Detroit at +10.0%<\/li>\n<li>Minneapolis at +9.2%<\/li>\n<li>San Francisco at +8.9%<\/li>\n<li>Miami at +8.5%<\/li>\n<li>Las Vegas at +8.4%<\/li>\n<li>Denver at +6.9%<\/li>\n<li>Los Angeles at +6.2%<\/li>\n<li>San Diego at +6.0%<\/li>\n<li>Tampa, FL at +5.9%<\/li>\n<\/ul>\n<p>Nine cities gained less than Seattle (or were falling) as of October: Portland, Atlanta, Dallas, Washington DC, Charlotte, <a href=\"http:\/\/www.seattlepi.com\/business\/404163_economy23ww.html\" title=\"Seattle Economists: At Least We're Not Cleveland\">Cleveland<\/a>, Boston, New York, and Chicago.  New York and Chicago are the only two cities still falling year-over-year.<\/p>\n<p>Here&#8217;s the interactive chart of the raw HPI for all twenty cities through October.<\/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><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:604px; height:669px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\"><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=\"604\" height=\"669\" 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:604px;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 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\/12\/Case-ShillerHPI_Decline-From-Peak_2012-10.png\" rel=\"lightbox[25122]\"><img loading=\"lazy\" decoding=\"async\" title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Decline-From-Peak_2012-10-600x436.png\" alt=\"Case-Shiller HPI: Decline From Peak\" width=\"600\" height=\"436\" style=\"border:0;\" \/><\/a><\/p>\n<p>In the sixty-three months since the price peak in Seattle prices have declined 26.3%.<\/p>\n<p>Lastly, let&#8217;s see just how far back Seattle&#8217;s home prices have &#8220;rewound.&#8221;  As of October: Still basically February 2005.<\/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\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10.png\" title=\"Case-Shiller: Seattle Home Price Index\" rel=\"lightbox[25122]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10-600x436.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&#8217;s<\/a>, 12.26.2012<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Seattle-area home prices were: Down 0.2% September to October. Up 5.7% YOY. Down 26.3% from the July 2007 peak Last year prices fell 1.0% from September to October and year-over-year prices were down 6.2%. Nothing surprising here&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":25127,"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: Yearly Price Gain Increased Again in October http:\/\/wp.me\/pe2Bv-6xc","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":[],"class_list":["post-25122","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: Yearly Price Gain Increased Again in October \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\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Yearly Price Gain Increased Again in October \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Seattle-area home prices were: Down 0.2% September to October. Up 5.7% YOY. Down 26.3% from the July 2007 peak Last year prices fell 1.0% from September to October and year-over-year prices were down 6.2%. Nothing surprising here....\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10.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\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\",\"name\":\"Case-Shiller: Yearly Price Gain Increased Again in October \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10.png\",\"datePublished\":\"2012-12-26T20:45:13+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/Case-ShillerHPI_Seattle-Reverting_2012-10.png\",\"width\":915,\"height\":666},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/12\/26\/case-shiller-yearly-price-gain-increased-again-in-october\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case-Shiller: Yearly Price Gain Increased Again in October\"}]},{\"@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 October data, Seattle-area home prices were: Down 0.2% September to October. Up 5.7% YOY. Down 26.3% from the July 2007 peak Last year prices fell 1.0% from September to October and year-over-year prices were down 6.2%. 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