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More on February’s Case-Shiller

Posted By Jim the Realtor On April 29, 2011 @ 6:42 am In Same-House Sales | 7 Comments

On a day where 2 billion people are engrossed with the kisses of  two British 20-somethings, let’s shine the spotlight on San Diego’s own King of Graphs, Rich Toscano.

Here’s an excerpt and two of the graphs from his post, click here [1] for the full story:

It is interesting, however, that the low-priced tier of the index dropped as much as it did.  After weathering the recent fall/winter lull better than the other tiers, the low-priced homes were spanked for 2.7 percent in February.  The middle tier was down 1.4 percent and the high tier by .5 percent for the month.

[2]

This looks like somewhat of a catch-up move which reverses the low tier’s previous strength and gets it more into line with recent price changes in the overall market.

The San Diego Case-Shiller Index since 1989:

[3]


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URL to article: http://www.bubbleinfo.com/2011/04/29/more-on-februarys-case-shiller/

URLs in this post:

[1] here: http://www.voiceofsandiego.org/toscano/article_569a8abe-706e-11e0-988f-001cc4c002e0.html

[2] Image: http://www.bubbleinfo.com/wp-content/uploads/2011/04/feb_2011_case_shiller-2.jpg

[3] Image: http://www.bubbleinfo.com/wp-content/uploads/2011/04/feb_2011_case_shiller-4.jpg

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