Home prices for Case Shiller 20 city largest metros Mar'18
The real estate market for now is on fire. All 20 largest metros had positive gains from Mar'17 to Mar'18. Some cities like Seattle, Las Vegas, and San Francisco had double digit gains, but overall all cities had positive gains. When one says that the real estate market is going to crash, well, at some point but not now, or short term until Dec'18. The key to forecasting a downturn is when you start seeing a few cities start to head south. But for now, none of the below cities are negative.
Okay, let the nah sayers begin.
Terry
MARCH 2018 | ||
Metro | Monthly change | 12-month change |
Seattle | 2.80% | 13.00% |
Las Vegas | 1.50% | 12.40% |
San Francisco | 2.10% | 11.30% |
Denver | 1.40% | 8.60% |
Los Angeles | 0.90% | 8.10% |
Detroit | 1.10% | 7.90% |
San Diego | 1.00% | 7.70% |
Tampa | 0.60% | 7.50% |
Phoenix | 0.90% | 6.80% |
Portland | 1.00% | 6.70% |
Atlanta | 0.80% | 6.20% |
Charlotte | 1.00% | 6.20% |
Minneapolis | 1.70% | 6.10% |
Boston | 1.20% | 5.80% |
Dallas | 0.70% | 5.80% |
New York | 0.10% | 5.20% |
Miami | 0.70% | 5.00% |
Cleveland | 0.30% | 4.60% |
Washington | 1.10% | 3.00% |
Chicago | 1.10% | 2.80% |