The February reading of the non-seasonally-adjusted San Diego Case-Shiller index reached a new all-time high!
San Diego Non-Seasonally-Adjusted CSI changes:
The previous high reading was 250.34 in November, 2005.
“Year-over-year prices measured by the National index have increased continuously for the past 70 months, since May 2012. Over that time, the price increases averaged 6 percent per year,” noted David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. “With expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.”