Case-Shiller from 3 months into the future

Friday, January 2, 2009

December '08 HPI

City average: 42.4% off the peak, 46.9% above December 1999 level
Top tier: 19.7% off the peak, 77.5% above December 1999 level
Middle tier: 41.5% off the peak, 49.1% above December 1999 level
Bottom tier: 48.2% off the peak, 49.4% above December 1999 level

Two lower tiers are cheapest they were since the summer of 2002. If you take inflation and low interest rates into account, houses in San Diego have not been so affordable since 1999.

1 comment:

august92618 said...

when are you going to update your curves?