At right we highlight the month over month and year over year changes in median home prices from the March S&P/Case-Shiller figures. As shown, Las Vegas is down the most at nearly 26% versus March 2007, followed by Miami, Phoenix, LA, San Diego and San Francisco. Charlotte is the only city that showed an increase in median home prices from 3/07 to 3/08.
Things weren't much better on a month over month basis. Las Vegas and Miami both fell more than 4% from February to March. Dallas and Charlotte were the only two cities to show month over month gains.
The Composite 10-city index was down 15.3% from 3/07 to 3/08, and it is now down 17.78% from its peak in June 2006.
Below we provide historical year over year changes (%) in median home prices for the 20 cities that S&P/Case-Shiller tracks along with their two composite indices.
Could you perhaps do a price index for the cities that starts with 100 in 1992? Would be great.
Best Regards, Sebastian
I've done some calculation among this curves for the 2000 to 2008 area. Making a 100 based on 1999 index from the curves shows some amazing things. Curves in blue are raw indexes, pink inflation-deduced ones.
www.bulle-immobiliere....
Please, tell me if you see any mistake.
Cheers
Not all the cities were processed. You may do it for the cities you claim for quite easily.