The month-over-month change in our local Case-Shiller Index was positive in May, which is no surprise. It's reflecting decisions made in February and March, which was about 5% ago. But the M-O-M numbers are sliding downward quickly, and could be flat or negative as...
Same-House Sales
San Diego Slowdown
Zillow has been accurately predicting the changes in the Case-Shiller Index lately, swamping the boat like most everything else they touch in the industry. The C-S Index is becoming an after-thought for those thirsty for price data. While the San Diego CSI has been...
SD Case Shiller, April 2014
The year-over-year change still looks great considering it's compared to April, 2013 which already had some frenzy-boost in it. The month-over-month trend is probably the most relevant, and one to watch. These are the Case-Shiller Index NSA changes below for San...
Shiller On Market
Robert Shiller says in the video below, "Homeowners seem to be losing interest", though he didn't give evidence or details on why he thinks that - maybe the more-pedestrian price increases? If he thinks homeowners/homebuyers are losing interest because sellers keep...
SD Case-Shiller, March
San Diego's Case-Shiller Index had another nice monthly gain, up 1.34% from February's number. The total gain for the first three months of 2014 is higher than the first quarter total in 2013! The YoY increase is staying among the best in the country too, ranking the...
SD Case-Shiller Index, Feb
San Diego's Case-Shiller Index continued its steady rise, but according to David Blitzer, we might be the lucky ones: “Prices remained steady from January to February for the two Composite indices,” says David M. Blitzer, Chairman of the Index Committee at S&P Dow...
San Diego Case-Shiller Index, Jan.
San Diego's Case-Shiller Index for January, 2014 had the highest increase in the nation for seasonally-adjusted, month-over-month readings. Our seasonally-adjusted index went up 1.8% between December and January! Of course, having one of the warmest winters on record...
San Diego Case-Shiller Dec. 2013
The November Case-Shiller Index reading of 194.15 for San Diego was about the same as October (194.07). Today, the December reading was released, at 193.87, which was a decline of 0.1%. The Y-O-Y number is still a whopping +18.0%, but that should continue to taper...
San Diego Case-Shiller Nov. 2013
Our San Diego Case-Shiller Index has officially hit a flat spot. The November, 2013 reading was 194.15, virtually the same as the previous month's 194.07 number. San Diego had the fourth-highest year-over-year total at +18.7%, but the majority of that frenzy-driven...
San Diego Case-Shiller Index, October
The local Case-Shiller Index slowed its ascent in October, but you won't see many current homeowners complaining about a 19.72% increase for the last 12 months: Month M-O-M Y-O-Y March ’13 +2.0% +12.1% April ’13 +2.8% +14.7% May ’13 +3.2% +17.3% June ’13 +2.8% +19.3%...