San Diego Case Shiller, Oct

Written by Jim the Realtor

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December 29, 2020

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Because our market at the end of 2019 was so flat (December’s index was lower than July’s), the year-over-year gains are going to make for sexy double-digit headlines for the next couple of readings.

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%
Aug	283.06	+1.8%	+7.6%
Sep	288.11	+1.8%	+9.4%
Oct	292.85	+1.6%	+11.5%

From cnbc:

U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows.

The biggest price gain was in Phoenix for the 17th straight month, where home prices rose 12.7% from a year ago. It was followed by Seattle with 11.7% and San Diego at 11.6%.

https://www.cnbc.com/2020/12/29/us-home-prices-rise-at-fastest-pace-in-more-than-6-years-.html

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