Gains in Home Prices Off the Bottom; Cleveland Up 11.4%

janez

from: Bespoke investment group

The July Case-Shiller home price numbers were released today, and while the year-over-year numbers are still down nearly 13% in the 10-city composite index, all cities but one (Las Vegas) are off their lows. Below we highlight the percentage change from the recent bottoms in median home prices for the 20 cities that Case-Shiller tracks.

As shown, 10 cities are doing better than the composite indices, and 10 cities are doing worse. Cleveland has seen the biggest gain in home prices off its low at +11.4%. San Francisco ranks 2nd at +9.4%, followed by Minneapolis (+9%), Dallas (+7.9%), and Denver (+7.1%). All of these are pretty big gains, and these numbers are just through July.

The composite 10-city and 20-city indices are up 3.6% from their lows. Miami, New York, Tampa, Detroit, Seattle, and Las Vegas are the six cities that have seen gains of 2% or less.

CoolMax

呵呵，你去和卖家谈谈，就知道实际情况了。

janez

2# CoolMax


"Gain in home prices off its low" suggests house price may be bottoming...
Can not verify whether it represents the reality...

Diffusion

One concern I have is, this is July's data. Not sure how the market will behave without the 8K credit.

harley

CoolMax

如果有房地产知识的背景，你就知道房屋中价位。啥也说明不了。

Ok，解释给你们听一下，
首先，什么叫房屋中价位，很简单，在市场上成交的房屋，一半在这个价位以下，一半在这个价位以上。

知道了这点，那就很清楚中价位的变化，是由什么推动的了。

多成交一些高端的房屋，会拉高中价位。
减小一些低端的房屋，也会拉高中价位。

银行压住手上的Foreclosure的房屋，不拿出来，低端房屋的成交量自然会减少。中价位就会变高。

明白了这点，单位面积的均价，才是反映房屋真实价格变动的更好工具。可惜的是，Realtor不会公开这些信息给大众。因为大众知道真相，不符合Realtor的利益。

牛二买刀

如果有房地产知识的背景，你就知道房屋中价位。啥也说明不了。

Ok，解释给你们听一下，
首先，什么叫房屋中价位，很简单，在市场上成交的房屋，一半在这个价位以下，一半在这个价位以上。

知道了这点，那就很 ...
CoolMax 发表于 2009-9-30 16:43

很中肯的解释。给咱一个中位数已经不错了，如果只给平均数，还不给分布函数就更牛了。天朝统计局就这么干的。
不过话说回来：信心比金子贵，所以房子贵不贵真的无所谓。

kang_wang

6# CoolMax


CM tai niu bi

tigtig8

CM
Niubility

墙头草

d