{"id":27071,"date":"2013-08-02T10:00:51","date_gmt":"2013-08-02T17:00:51","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=27071"},"modified":"2013-09-04T11:19:26","modified_gmt":"2013-09-04T18:19:26","slug":"case-shiller-second-derivative-gains-rapidly-evaporating","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/08\/02\/case-shiller-second-derivative-gains-rapidly-evaporating\/","title":{"rendered":"Case-Shiller: Second Derivative Gains Rapidly Evaporating"},"content":{"rendered":"

Before we put away the May Case-Shiller data, let’s have a look at my favorite alternative Case-Shiller charts.<\/p>\n

First up, let’s take a look at the twenty-city month-over-month scorecard. Here’s the original post introducing this chart<\/a> if you’d like more details. Click the image below for a super-wide version with the data back through 2000.<\/p>\n

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

April and May both saw all twenty cities experiencing month-over-month gains, a feat that has not been accomplished since 2005.<\/p>\n

But everything is not necessarily coming up roses… here’s a look at the number of cities that are experiencing second derivative Case-Shiller<\/a> gains or losses.<\/p>\n

\"Number<\/a><\/p>\n

The number of cities experiencing second derivative gains dropped like a rock in May. I consider the second derivative to be a leading indicator of price trends<\/a>, so a sudden drop in this measure is something to keep an eye on for sure. If this trend keeps up I expect we’ll see prices flat-line by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Before we put away the May Case-Shiller data, let’s have a look at my favorite alternative Case-Shiller charts. First up, let’s take a look at the twenty-city month-over-month scorecard. Here’s the original post introducing this chart if you’d like more details. Click the image below for a super-wide version with the data back through 2000….<\/p>\n","protected":false},"author":2,"featured_media":27076,"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: Second Derivative Gains Rapidly Evaporating","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":[86,845,817,846],"coauthors":[],"class_list":["post-27071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-case-shiller","tag-derivative","tag-month-over-month","tag-quant"],"yoast_head":"\nCase-Shiller: Second Derivative Gains Rapidly Evaporating \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\/2013\/08\/02\/case-shiller-second-derivative-gains-rapidly-evaporating\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Second Derivative Gains Rapidly Evaporating \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Before we put away the May Case-Shiller data, let’s have a look at my favorite alternative Case-Shiller charts. 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