Tuesday, May 26, 2015

S&P/Case-Shiller: March 2015

Today's release of the S&P/Case-Shiller (CSI) home price indices for March reported that the non-seasonally adjusted National index increased from February with prices rising 0.80% while the non-seasonally adjusted Composite-10 city index increased 0.80% and the Composite-20 city index increased 0.92% over the same period.

On an annual basis, the National index increased 4.14% above the level seen in March 2014 while the Composite-10 city index increased 4.75% and the Composite-20 city index increased 5.04% over the same period.

On a peak basis, all three indices still show significant peak declines slumping 8.99% for the National index, -16.02% for the Composite-10 city index and -15.17% for the Composite-20 city index on a peak comparison basis.