FYI: The most recent Case Shiller home price data for the 20 cities tracked was released last week, and below we have updated a number of charts and tables that we’ve published on a regular basis over the years. The first table shows the month-over-month and year-over-year change in home price values across the country. After years of seeing all green in this table, we’ve seen a string of month-over-month declines recently. The composite 10-city and 20-city indices both fell 23 basis points in December, while the “National” index saw home prices dip 14 basis points.
San Francisco saw the biggest month-over-month decline at -1.43%, followed by Chicago (-0.70%), San Diego (-0.69%), and Seattle (-0.63%). Seven of twenty cities saw small month-over-month gains, led by New York and Las Vegas at +0.17%.
On a year-over-year basis, every city still posted home price gains, but those gains are getting smaller and smaller as the months progress.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/2018-home-price-trends-for-major-us-cities-regions/
