San Diego Case-Shiller Index, April The first few months of 2025 are logging about half the gains as last year. It means next month will be flat at best, and hopefully the rest of the year is the same as last year? “The housing market continued its gradual...
San Diego Case-Shiller Index, March The back-to-back 1% gains will probably be as good as it gets in 2025, and we could wind up with a negative percentage overall for the year. The change has been 1% or less (+/-) for the last eleven readings. Welcome to Flat City....
San Diego Case-Shiller Index, Not Seasonally Adjusted In 2024, the big action was in the first quarter, and it cooled off quickly after that. The index rose 8.4% in the first five months, then gave back 3.1% the rest of the way. It looks like we'll be lucky to hit...
Last year, the index really popped with all the early action in the first quarter. This year, pricing got off to a slower start and with the additional inventory weighing on the market, there will be more sellers having to settle for less than they thought. But they...
The Case-Shiller Index is such old news that I forgot all about it yesterday. It looks like "pricing" started to flatten out earlier last year, which sets up the 1Q25 for small-ish gains: In more-relevant news.....this date, February 26th, fell on a Monday in 2024. It...
I use the non-seasonally adjusted index because our market doesn't have much seasonality and because I think you can handle the truth. But for those who prefer the fluffed-up version, then know that the seasonally-adjusted SD index for November was +0.4%,...
The local market has been so hot since the election that the second-half losing streak may end prematurely, instead of declining through the rest of 2024. I already said +5% for next year's NSDCC appreciation, and all of it to be in the first quarter. San Diego...
The year-end slide of the local non-seasonally-adjusted Case-Shiller Index looks like it will last twice as long this year. In 2023, it was a relatively-brief three months, but this year the pricing turned in mid-summer. Expect the same result in 2025 - the prime...
With the July index being a 3-month weighted average, this should be the last of the stronger readings of 2024 and the momentum should taper off for the rest of the year. I like using the non-seasonally adjusted index because we can handle the truth. The San Diego...
The local Case-Shiller Index has been surging lately but I think we'll be lucky if the next reading is half of the 9.1% YoY gain we have here: San Diego Case-Shiller Index New York reported the highest annual gain among the 20 cities with a 9.4% increase in May,...
