Case-Shiller 20-City Home Price Growth YoY Slows To 4.18%, Slowest Since September 2012 (Vegas, Phoenix Post Biggest YoY Gains, San Diego Slowest Growing)

S&P Corelogic Case-Shiller indices were released for December (yes Lee Adler, I know it is late February!)  The report reveals that YoY home price growth is 4.18%, the lowest growth rate since September 2012.

cs20yoyf

Las Vegas and Phoenix reported the highest year-over-year gains among the 20 cities. In December, Las Vegas led the way with an 11.4% year-over-year price increase, followed by Phoenix with an 8.0% increase and Atlanta with a 5.9% increase. Three of the 20 cities reported greater price increases in the year ending December 2018 versus the year ending November 2018.

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Yes, San Diego has replaced Washington DC as the slowest growing US metro area in term of home prices.

Hopefully, this will lead to fewer people surfing in Cardiff!

 

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