S&P/ Case-Shiller® Update

Nov 10, 2014 by

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:
  1. Detroit +0.85%
  2. Dallas +0.55%
  3. Denver +0.52%
  4. Las Vegas +0.49%
  5. New York +0.42%
  6. Atlanta +0.39%
  7. Chicago +0.36%
  8. Portland +0.34%
  9. Miami +0.30%
  10. Minneapolis +0.29%
  11. Cleveland +0.27%
  12. Tampa +0.19%
  13. Phoenix +0.18%
  14. Boston +0.11%
  15. Washington DC +0.01%
  16. Seattle +0.00%
  17. Los Angeles -0.02%
  18. San Diego -0.08%
  19. Charlotte -0.0%
  20. 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.

  1. Miami +10.46%
  2. Las Vegas +10.12%
  3. San Francisco +8.96%
  4. Dallas +7.32%
  5. Portland +7.25%
  6. Detroit +7.01%
  7. Los Angeles +6.83%
  8. Seattle +6.57%
  9. Denver +6.27%
  10. San Diego +6.22%
  11. Tampa +5.50%
  12. Atlanta +5.26%
  13. Boston +5.03%
  14. Phoenix +4.32%
  15. Minneapolis +3.86%
  16. Washington DC +3.05%
  17. New York +3.05%
  18. Chicago +2.94%
  19. Charlotte +2.53%
  20. Cleveland +0.80%