Tuesday, May 30, 2017

S&P Core Logic Case-Shiller: March 2017

Today's release of the S&P Core Logic Case-Shiller (CSI) home price indices for March reported that the non-seasonally adjusted National index increased from February with prices rising 0.81% while the non-seasonally adjusted Composite-10 city index increased 0.91% and the Composite-20 city index increased 0.98% over the same period.

On an annual basis, the National index increased 5.75% above the level seen in March 2016 while the Composite-10 city index increased 5.22% and the Composite-20 city index increased 5.89% over the same period.

On a peak basis, the non-seasonally adjusted National index just surpassed the record high level seen prior the onset of the great recession rising 1.26% above the level seen in 2006 while the Composite-10 index remained -7.59% below the peak level and the Composite-20 remained -5.39% below.