Prior month -0.3%Home prices MoM -0.3% versus -0.2% estimateHome prices year on year 2.1% vs 2.1% estimate. Prior month 2.8%
New York has seen the biggest year on year change at 7.03%. Tampa San Francisco, down, San Diego, Denver, Phoenix all have seen YoY declines with Tampa faring the worst at -2.38%.
Details of the MoM from Case Schiller by city from the highest and lowest:
Chicago: 1.03%
Minneapolis: 0.67%
Detroit: 0.58%
Charlotte: 0.47%
Cleveland: 0.39%
New York City: 0.37%
Boston: 0.31%
Tampa: 0.29%
U.S. National: 0.05%
Dallas: 0.05%
Atlanta: -0.01%
Las Vegas: -0.03%
Composite-20: -0.04%
Composite-10: -0.07%
Portland: -0.16%
Miami: -0.19%
Denver: -0.31%
San Diego: -0.31%
Seattle: -0.35%
Los Angeles: -0.43%
Washington: -0.52%
Phoenix: -0.55%
San Francisco: -1.05%
Details of the YoY from Case Schiller by city from the highest and lowest:
New York City: 7.03%
Chicago: 6.09%
Cleveland: 4.47%
Detroit: 4.32%
Boston: 4.25%
Charlotte: 2.55%
Minneapolis: 2.51%
Las Vegas: 2.41%
Washington: 2.17%
Portland: 1.01%
Atlanta: 0.94%
Seattle: 0.90%
Los Angeles: 0.08%
Phoenix: -0.06%
Miami: -0.25%
Denver: -0.55%
San Diego: -0.61%
Dallas: -0.95%
San Francisco: -1.98%
Tampa: -2.38%
This article was written by Greg Michalowski at investinglive.com.