Here’s video from Tuesday when June’s Case Shiller home price report was released. It’s got some good national housing insights from Karl Case and Robert Shiller. And below the video are some charts from the national June Case Shiller report, then some charts for San Francisco specifically. As I often discuss, local pricing is what really matters for people looking to buy residential property. National home pricing is important for investors trading housing-related stocks and other assets, but homebuyers must make decisions using hyper-local pricing.
Here are the charts from June’s Case Shiller report released Tuesday.
And here are charts specifically on San Francisco. This is a critical distinction to understand local pricing because what Case Shiller calls “San Francisco” in the table above isn’t actually San Francisco. It’s a broad 5-county area. Read this for how to drill down.
– Economists Shiller & Case on home prices, Fed Policy (Bloomberg)