Tuesday, May 31, 2016

S&P/Case-Shiller: March 2016

The latest 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 0.72% while the non-seasonally adjusted Composite-10 city index increased 0.79% and the Composite-20 city index increased 0.90% over the same period.

On an annual basis, the National index increased 5.15% above the level seen in March 2015 while the Composite-10 city index increased 4.72% and the Composite-20 city index increased 5.43% over the same period.

On a peak basis, all three indices still show significant peak declines slumping -4.18% for the National index, -12.20% for the Composite-10 city index and -10.66% for the Composite-20 city index on a peak comparison basis.

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