The increases in the local Case-Shiller index have slowed, and we’re no longer in that sexy 1% to 3% per month frenzy era of 2013. But it’s still increasing monthly – it would take a few negative readings to get anyone’s attention now.
P.S. Today’s reading is 41% higher than it was in April, 2009 (203.32 vs. 144.43).
These are the Case-Shiller Index NSA changes below for San Diego:
| Month | ||
| Jan ’13 | ||
| Feb ’13 | ||
| March ’13 | ||
| April ’13 | ||
| May ’13 | ||
| June ’13 | ||
| July ’13 | ||
| August ’13 | ||
| September ’13 | ||
| October ’13 | ||
| November ’13 | ||
| December ’13 | ||
| January ’14 | ||
| February ’14 | ||
| March ’14 | ||
| April ’14 | ||
| May ’14 | ||
| June ’14 |
The slowdown. It’s almost… well… predictable. 😉
And healthy.
Agreed and healthy for everyone involved.
Sellers can still fetch more today than ever.
Buyers are relieved that the runaway train of pricing has subsided but are still motivated to stay in game (once prices turn negative there is incentive to wait it out).
Both have more reason to get good help!