Remember when we were impressed that our Case-Shiller Index was going up 3% to 5% per year? How do you like +27.2% YoY? The month-over-month increase was the lowest since January, so it will interesting to see if pricing starts to plateau. With inventory so low, the...
Phoenix edged us out again for the top spot in May, but the San Diego CSI went up 12.4% between February and May, which looks like a record for four months of appreciation - and at these prices! San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI...
San Diego has had positive gains straight through the Covid-19 era, and now we have back-to-back months of +3.3% improvements, which has to be about the max the index can go up in a month. We are right behind Phoenix, whose non-seasonally-adjusted index in April rose...
This graph is charting the local Case-Shiller Index. The latest reading is from March, so these trends are reflecting the first quarter of 2021 - which means these lines will be going straight up for at least another 2-3 readings before there is any chance of a...
The housing market is hot as home prices continue to rise, but Nobel Prize winning economist Robert Shiller predicts prices will eventually drop. "They'll come back down, not overnight, but enough to cause some pain," Shiller told Yahoo Finance Live. The...
San Diego has had positive gains straight through the Covid-19 era, and we are really ramping up in 2021 with a 3.3% monthly gain in March! We kept our #2 spot in the nation, and are right behind Phoenix: San Diego Non-Seasonally-Adjusted CSI changes Observation...
Shiller has been too conservative on his predictions because he's an ivory-tower guy. If he were to talk to potential home sellers, he'd find that there aren't many - if any - who have to move so badly that they would sell for "substantially lower" prices. The next...
Our seasonally-adjusted Case-Shiller Index rose more in one month than any other U.S. metro area! The increase in the three-month annual percentage was nearly 22%, and it doesn't include March and April which have been hotter. The San Diego index was still positive...
San Diego had positive gains straight through the Covid-19 era: 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...
It's more than just the trendy areas - it's red-hot everywhere. Every metro area on the list is having substantial gains in their index, which means there has been a psychological shift happening coast-to-coast on how human beings feel about their homes. With the...
