Tuesday, March 31, 2015

S&P/Case-Shiller: January 2015

Today's release of the S&P/Case-Shiller (CSI) home price indices for January reported that the non-seasonally adjusted National index declined from December with prices falling 0.05% while the Composite-10 city index declined 0.01% and the Composite-20 city index declined 0.03% over the same period.

On an annual basis, the National index increased 4.47% above the level seen in January 2014 while the Composite-10 city index increased 4.37% and the Composite-20 city index increased 4.56% over the same period.

On a peak basis, all three indices still show significant peak declines slumping 9.73% for the National index, -17.01% for the Composite-10 city index and -16.26% for the Composite-20 city index on a peak comparison basis.