S&P/ Case-Shiller® Update
Another release for the S&P / Case-Shiller® Home Price Index® with prices rising more slowly. The data relates to sales that occurred between June and August 2014 and changes over the last month were as follows:
- Detroit +0.85%
- Dallas +0.55%
- Denver +0.52%
- Las Vegas +0.49%
- New York +0.42%
- Atlanta +0.39%
- Chicago +0.36%
- Portland +0.34%
- Miami +0.30%
- Minneapolis +0.29%
- Cleveland +0.27%
- Tampa +0.19%
- Phoenix +0.18%
- Boston +0.11%
- Washington DC +0.01%
- Seattle +0.00%
- Los Angeles -0.02%
- San Diego -0.08%
- Charlotte -0.0%
- San Francisco -0.44%
These changes were very small compared with recent years suggesting price stabilization is occurring.
Compared with a year ago there are still some fairly large upward movements, but most of these look like they are losing momentum fast.
- Miami +10.46%
- Las Vegas +10.12%
- San Francisco +8.96%
- Dallas +7.32%
- Portland +7.25%
- Detroit +7.01%
- Los Angeles +6.83%
- Seattle +6.57%
- Denver +6.27%
- San Diego +6.22%
- Tampa +5.50%
- Atlanta +5.26%
- Boston +5.03%
- Phoenix +4.32%
- Minneapolis +3.86%
- Washington DC +3.05%
- New York +3.05%
- Chicago +2.94%
- Charlotte +2.53%
- Cleveland +0.80%