How the Cities Did in January 2013

The housing recovery continues across all 20 cities covered by the S&P/Case-Shiller Home Price Indices.  The 20-city composite, up 8.1% in the 12 months ended Janaury 2013 with the best year-over-year gain since June 2006 when home prices peaked.  Despite these impressive numbers, to 20-city composite is still almost 30% below its peak and home prices. Dallas and Denver — two cities that were not heavily affected by the boom are about 4-1/2% below their peak levels. Most other cities are much farther down.  Phoenix, a current high flyer is 44% below its peak and Las Vegas, another recent hot spot, is 55% below its peak. The table summarizes the numbers.

 

Comparing the Cities

source:S&P/Case-Shiller Home Price Indices

 

The posts on this blog are opinions, not advice.
Please read our disclaimers for Ratings Services, Indices, Equity Research, Securities Evaluations and Risk Solutions.

Post a Comment

Thank you for submitting a comment. We ask you to use the comment guidelines to promote thoughtful and productive discussions. Your comment will be approved before it will be posted. Thank you for your patience.

Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  • CATEGORIES

  • Recent Comments

  • Tags