The July report of the Case-Shiller Home Price Index was released today. All price tiers for the 5-County San Francisco Metro Statistical Area increased. The high-tier price index, which best applies to the city of San Francisco itself, hit its … Continue reading →
Fears of a New Chill In Home Sales
That was the title of an October 27 article in the New York Times, and, as one of my readers and clients pointed out, it’s what I’ve been tentatively suggesting as a possible scenario for this winter. See here, for example.
And, ironically, the gloomy head-line announced yet another “positive” month of data from the Case-Shiller Home Price Index. The little up-tick in the index from last month’s July data that I discussed as a possible “dead cat bounce” continued in August. ...