Case-Shiller: Nationwide Markets Simultaneously Bouncing Up
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:
Month to Month: Up 1.1% (raw)
Month to Month Up 0.4% (seasonally adjusted)
Year to Year: Down 17.8%
Change from Peak: Down 41.3% in 33 months
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: Nationwide Markets Simultaneously Bouncing Up.