Case-Shiller: OC Home Prices Showing Early Signs of a Double-Dip?

Let’s check in on the S&P/Case-Shiller Home Price Indices (HPI). Here’s a summary of the latest data for the Los Angeles area, which includes LA and Orange Counties:

June 2010
Month to Month: Up 0.6%
Year to Year: Up 9.2%
Prices at this level in: December 2003
Peak month: September 2006
Change from Peak: Down 35.9% in 45 months
Low Tier: Under $309,960
Mid Tier: $309,960 to $513,322
Hi Tier: Over $513,322

Since Case-Shiller lumps LA and Orange Counties together, I won’t repeat everything I wrote on the LA Sweet Digs blog. For more analysis and some graphs of the LA Case-Shiller data, check out my post over there: Case-Shiller: LA Home Prices Showing Early Signs of a Double-Dip?

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