August, 2013

now browsing by month


Max Broock Listing Presentation Video

The Case-Shiller Home Price Charts Everyone is Talking About

The S&P/Case-Shiller home price indices made news today because of their strength, so below we will take a look at the monthly and annual growth of the twenty cities tracked.

As shown below, 19 of 20 cities saw month-over-month growth, while all 20 cities were up year-over-year. Keep in mind, however, that the results have a two-month lag, so these figures are from April. San Francisco saw the biggest month-over-month jump at 4.86%, which is a huge move for home prices. Atlanta, San Diego and Los Angeles were all up over 3% on the month. Detroit was the only city that fell in April, but it was just 0.2%.

On an annual basis, four cities were up more than 20% — San Francisco, Atlanta, Las Vegas and Phoenix. New York has the weakest year-over-year growth at just 3.24%.

Read the rest of this page »