July Case-Shiller Index Increases 25%, Year over Year

For the 5-County San Francisco Metro Statistical Area, all price segments showed increases, though the lowest price tier jumped the most – 4% — reflecting the rapid decline in distressed property sales. Overall, for all price segments, the jump over June was about 2.3%, which translates into an increase from 12 months ago of approximately 25%. Compared to the 19 other major metro areas Case-Shiller tracks, that puts our recovery as the strongest in the nation behind that of Las Vegas (which was perhaps the city hit hardest by the distressed property crisis and is still far below previous peak values).

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