Tag Archives: regions

Four consecutive monthly increases in condo prices

July 2012 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday September 25th, showing the fourth consecutive monthly increase in condo prices in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. It would have been the fifth had Chicago prices not […]

Home prices are up versus a year ago in 13 major cities

June’s data for the S&P/Case-Shiller Home Price Indices were positive for the housing market. The 10-City Composite was up 2.2% and 20-City Composites was up 2.3% in June over May, mimicking the returns they each posted in May over April. Only two cities – Charlotte and Dallas – saw annual rates of change worsen in […]

Another look at the regions

As we enter the sixth year of a bearish US housing market, location continues to play a major role in the relative size and severity of changes in home prices across the United States. With the S&P/Case-Shiller 20-City Home Price Indices, Boston saw average home prices peak first in the mid-2000s (September 2005) and Charlotte […]

Condo prices hit new crisis lows in Chicago, Los Angeles, New York and San Francisco

February 2012 data for the S&P/Case-Shiller Condo Price Indices were published on Tuesday April 24th, revealing that condo prices fell in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. All five cities have shown falling condo prices for at least five consecutive months […]

Regional differences

With each monthly report, we have seen both similarities and differences in regional home price behavior during the recent crisis. As detailed in the graphs below, the Sun Belt cities saw the largest increases in prices in the early-to-mid 2000s and some of the largest percent declines in the past five and one-half years. When […]

Three markets hit new lows in September

Data through September 2011 showed that Atlanta, Las Vegas and Phoenix all hit new post-bubble lows; and all three are close to, if not below, January 2000 levels. At 95.99, Atlanta’s index level is indicating that home prices are back to their May 1999 levels.  Las Vegas, at 93.80, is back to February 1998; and […]

Annual rates of return improve in 16 markets in August 2011

August’s data for the S&P/Case-Shiller Home Price Indices were marginally positive for the housing market. The 10- and 20-City Composites were each up 0.2%; but only 10 of the 20 cities covered by the indices were up in August over July. The annual rates of change showed something slightly positive for home prices. Sixteen of […]

California condo markets see prices falling

With the September 27th release of July 2011 data for the S&P/Case-Shiller Home Price Indices we saw further weakening in condo prices in the California metro areas. The LA index reported no change in condo prices in July versus June, and the San Francisco index fell by 1.1%. As previously noted, this is occurring during […]

Regional differences in home prices

Location matters, in good times and bad. If you look across the 20 cities followed by the S&P/Case-Shiller Home Price Indices you can see how the differences in location have played an important role in the relative magnitude of the increases and declines in home prices across the United States. During mid-2000, the cities’ prices […]

Some low-tiered markets are still suffering

S&P Indices publishes tiered price data for 16 of the 20 cities (MSAs) it covers. The tier breakpoints are price levels that divide recent sales pairs in each market into thirds. As we have noted in the past, home prices in cities do not behave the same across and within tiers. Over the past year […]

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