What has been the historical change in sales between March and April? These are the MLS detached sales and average $/sf for NSDCC - La Jolla to Carlsbad: Year March April 2001 254/$280 260/$289 2002 385/$294 329/$290 2003 292/$334 323/$321 2004 282/$409 362/$417 2005...
I was out today, but we should cover the San Diego Case-Shiller Index, which dropped for the first time in 15 months. Isn't that to be expected? The changes over the last few months have been very small - January's reading was a scant +0.1% - and we've been expecting...
From the S&P press release: New York, March 29, 2011 - Data through January 2011, released today by Standard & Poor’s for its Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show further deceleration in the annual growth rates in 13...
The Case-Shiller November index showed more negativity overall, to the delight of the mainstream media. Calls for the double dip will escalate, and soon the government will think they need to intervene. Hopefully they'll keep their hands in their pockets, and not...
The local Case-Shiller index for October dropped again, for the third month in a row. The SD index, which was 165.02 in July, is now down to 159.99 (a plunge of 3%), though year-over-year it's still up 3%. A link to the Case-Shiller press release.
The mainstream media is fond of quoting the ivory-tower guys who all blame incomes, tight money, unemployment, foreclosures, shadow inventory, tax-credits, etc., for our housing woes. It is surprising that anyone else can get a word in - I wonder if anyone can hear...
The Case-Shiller Index is out for September. In San Diego it dropped 1% from August, the second consecutive monthly decline. What will it mean? It'll mean homebuyers will want to wait some more. San Diego C-S Index gain/loss since: 1 year ago: +4.96% 2 years ago:...
"A disappointing report. Home prices broadly declined in August. Seventeen of the 20 cities and both composites saw a weakening in year-over-year figures, as compared to July, indicating that the housing market continues to bounce along the recent lows," David M....
The Case-Shiller Index for July was released today, and San Diego's non-seasonally adjusted number showed a 15th consecutive monthly increase. The SD index, 165.02, reflects a 9.3% improvement year-over-year, and a 65% increase above the base month of...
Rich Toscano is much better at deciphering the Case-Shiller Index, click here to see how he sized up the latest June numbers - plus here are his charts to illustrate the trends: He sums it up in his last paragraph: As of June, despite having risen 17 percent off their...
