Case Shiller June, 2008 Numbers
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
While the year over year results for the June, 2008 Case Shiller report will make ones toes curl, the month over month is not that bad. 9 of the 11 reporting markets saw an upswing which we have not seen a in a long while.
The cities that were down were in the worst hit markets of Florida, California, and Arizona predominantly with a little Vegas, Washington, and the Pacific Midwest thrown in. All of these cities excepting Seattle and Portland have double digit declines year over year.
So what does this tell us, that the cities that overextended are still dropping, but those that are more affected by the credit crunch are bottoming out and could be on an upswing.
Case Shiller Report For June, 2008
Metro Area 6/08 Chg 05/08 YOY Atlanta 125.08 0.6% -8.1% Boston 162.32 1.2% -5.2% Charlotte 133.64 0.4% -1.0% Chicago 150.25 0.2% -9.5% Cleveland 109.67 0.7% -7.3% Dallas 122.38 0.7% -3.2% Denver 131.64 1.5% -4.7% Detroit 92.68 -0.1% -16.3% Las Vegas 158.51 -1.6% -28.6% Los Angeles 195.74 -1.4% -25.3% Miami 189.87 -1.7% -28.3% Minneapolis 141.50 1.0% -13.9% New York 194.22 0.2% -7.3% Phoenix 153.19 -2.6% -27.9% Portland 175.03 -0.3% -5.8% San Diego 175.37 -1.5% -24.2% San Francisco 159.83 -1.8% -23.7% Seattle 178.28 -0.2% -7.1% Tampa 175.11 -1.1% -20.1% Washington 197.39 -0.9% -15.7%


Comment by Matthew Pope on 27 August 2008:
It would be nice to see a total break down on state and region. I have the 2nd Quarter list of New York & Brooklyn through my company Corcoran. If you would like to view this or have me email it please let me know: http://www.corcoran.com/guides/index.aspx
Matthew Pope
Senior Associate Broker
917.687.9145
matthew.pope@corcoran.com