How the Cities Did in October 2013

The table shows the peaks, troughs and recovery for the 20 S&P/Case-Shiller Cities.  Much of the recent discussion of the housing recovery ignores inflation. While the inflation rate is currently very low, around one percent, the extent of price increases and wealth loss since the housing peak in 2006-2007 is around 15%.  In other words, a house in Minneapolis is priced 18.7% below its peaks while inflation since the peak in September 2006 is 15.3%,   The decline in houising wealth is the sum, about 34%. The last column on the table shows the inflation loss since the peak level for each city. Dallas and Denver made new peaks — excluding the inflation factor — in September 2013. (Click on the table for a bigger image)

10-2013 cities

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