Last year, the index really popped with all the early action in the first quarter. This year, pricing got off to a slower start and with the additional inventory weighing on the market, there will be more sellers having to settle for less than they thought. But they...
Same-House Sales
San Diego Case-Shiller Index, December
The Case-Shiller Index is such old news that I forgot all about it yesterday. It looks like "pricing" started to flatten out earlier last year, which sets up the 1Q25 for small-ish gains: In more-relevant news.....this date, February 26th, fell on a Monday in 2024. It...
San Diego Case-Shiller Index, November
I use the non-seasonally adjusted index because our market doesn't have much seasonality and because I think you can handle the truth. But for those who prefer the fluffed-up version, then know that the seasonally-adjusted SD index for November was +0.4%,...
San Diego Case-Shiller Index, October
The local market has been so hot since the election that the second-half losing streak may end prematurely, instead of declining through the rest of 2024. I already said +5% for next year's NSDCC appreciation, and all of it to be in the first quarter. San Diego...
San Diego Case-Shiller Index, September
The year-end slide of the local non-seasonally-adjusted Case-Shiller Index looks like it will last twice as long this year. In 2023, it was a relatively-brief three months, but this year the pricing turned in mid-summer. Expect the same result in 2025 - the prime...
San Diego Case-Shiller Index, July
With the July index being a 3-month weighted average, this should be the last of the stronger readings of 2024 and the momentum should taper off for the rest of the year. I like using the non-seasonally adjusted index because we can handle the truth. The San Diego...
San Diego Case-Shiller Index, May
The local Case-Shiller Index has been surging lately but I think we'll be lucky if the next reading is half of the 9.1% YoY gain we have here: San Diego Case-Shiller Index New York reported the highest annual gain among the 20 cities with a 9.4% increase in May,...
San Diego Case-Shiller, April
San Diego has been the #1 market in America for the last six months! But the momentum is slowing (the previous blog post that showed +4.6% must have been for April-Jun). San Diego Case-Shiller Index The San Diego Case-Shiller Index is at an all-time high, and is 75%...
1Q24 Was Hot!
The local Case-Shiller will be released tomorrow, and if it's in line with this data above, it's going to help demonstrate how hot the market started in 2024. If the market takes a breather for the rest of 2024, it should add fuel to the Spring 2025 Selling Season...
San Diego Case-Shiller Index, March
The San Diego Case-Shiller Index is at an all-time high, and it's 75% higher than it was in November, 2005 which was the peak before the GFC (this blog began in September, 2005). San Diego Case-Shiller Index, Non-Seasonally Adjusted “This month’s report boasts another...