Our local San Diego Case-Shiller Index sure has settled down.  In the last five months, the index has only risen 0.8%.

The index is so flat it seems suspicious.

It is a three-month weighted average, but that also means a whole new set of home sales are added every month – yet the index is virtually identical for five months running?  It used to bounce around more.

Our index has gone up 59% since the recent bottom in April, 2009.

San Diego Non-Seasonally-Adjusted CSI changes:

The highest reading of the San Diego NSA CSI was 250.34 in November, 2005.