The July reading includes some data from May and June, so we’re getting through the negative covid impact, and swinging into the positive! The next 2-3 readings should be at least this high:
San Diego Non-Seasonally-Adjusted CSI changes:
Observation Month |
SD CSI |
M-o-M chg |
Y-o-Y chg |
January ’19 |
251.30 |
-0.2% |
+1.3% |
Feb |
253.69 |
+0.9% |
+1.1% |
Mar |
256.40 |
+1.1% |
+1.2% |
Apr |
257.63 |
+0.5% |
+0.8% |
May |
260.08 |
+1.0% |
+1.1% |
June |
261.90 |
+0.7% |
+1.3% |
July |
263.66 |
+0.7% |
+2.0% |
Aug |
263.23 |
-0.2% |
+2.3% |
Sep |
263.26 |
0% |
+2.8% |
Oct |
262.56 |
-0.2% |
+2.7% |
Nov |
263.18 |
+0.2% |
+3.9% |
Dec |
263.51 |
+0.1% |
+4.7% |
Jan ’20 |
264.04 |
+0.2% |
+5.1% |
Feb |
265.34 |
+0.5% |
+4.6% |
Mar |
269.63 |
+1.6% |
+5.2% |
Apr |
272.48 |
+1.1% |
+5.8% |
May |
273.51 |
+0.4% |
+5.2% |
June |
274.91 |
+0.5% |
+5.0% |
July |
278.00 |
+1.1% |
+5.4% |
Will the September & October indices hit 2.0%? Likely!
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!