Tuesday, April 28, 2015

S&P/Case-Shiller: February 2015

Today's release of the S&P/Case-Shiller (CSI) home price indices for February reported that the non-seasonally adjusted National index increased from January with prices rising 0.14% while the non-seasonally adjusted Composite-10 city index increased 0.53% and the Composite-20 city index increased 0.50% over the same period.

On an annual basis, the National index increased 4.22% above the level seen in February 2014 while the Composite-10 city index increased 4.81% and the Composite-20 city index increased 5.03% over the same period.

On a peak basis, all three indices still show significant peak declines slumping 9.65% for the National index, -16.65% for the Composite-10 city index and -15.91% for the Composite-20 city index on a peak comparison basis.