Case-Shiller Since Jan 2009

How have home prices fared during the last administration? Here are the Top 10 cities (and the only cities) with an increase in their Case-Shiller Index between January, 2009, and August, 2012:

City/Area	% chg in CSI since 1/2009
San Francisco	+14.4%
Washington D.C.	+12.8%
Denver	+9.1%
Dallas	+7.8%
San Diego	+6.5%
Boston	+5.0%
Los Angeles	+3.9%
Minneapolis	+3.5%
Detroit	+2.2%
Phoenix	+1.3%

With all the hub-bub about the 20% increase in the Phoenix median price this year, they must be coming from a long way back….or tracking the median price isn’t as accurate as the C-S Index?

Or could it be that because the Case-Shiller Index excludes repeat sales within six months (flips), it is missing some of the big pops of appreciation that flippers are enjoying these days?