Friday, February 28, 2020

Updated Appreciation Numbers AZ #1!!

Cromford Daily Observation- We have posted the latest Case-Shiller® numbers to our long term chart here.
The latest series relates to sales between October and December 2019. Compared with the previous month's series we see the following changes:
  1. Phoenix +0.59%
  2. Seattle +0.21%
  3. Washington +0.16%
  4. Portland +0.15%
  5. Tampa +0.14%
  6. San Diego +0.09%
  7. Boston +0.09%
  8. Las Vegas +0.09%
  9. New York +0.08%
  10. Miami +0.07%
  11. Charlotte +0.05%
  12. Los Angeles +0.04%
  13. San Francisco +0.04%
  14. Atlanta -0.08%
  15. Detroit -0.10%
  16. Chicago -0.10%
  17. Denver -0.11%
  18. Dallas -0.21%
  19. Minneapolis -0.61%
  20. Cleveland -0.71%
Phoenix jumped from fifth to first place. The national average was +0.08% so Phoenix increased at seven times the national average and almost three times as fast as the number 2 city.
The year over year comparisons are below:
  1. Phoenix 6.5%
  2. Charlotte 5.3%
  3. Tempe 5.2%
  4. San Diego 4.7%
  5. Boston 4.5%
  6. Atlanta 4.1%
  7. Seattle 4.1%
  8. Denver 3.7%
  9. Portland 3.7%
  10. Minneapolis 3.7%
  11. Cleveland 3.6%
  12. Washington 3.4%
  13. Detroit 3.4%
  14. Miami 3.2%
  15. Los Angeles 2.7%
  16. Las Vegas 2.6%
  17. Dallas 2.6%
  18. San Francisco 2.1%
  19. Chicago 1.0%
  20. New York 1.0%
The national average was 3.8%. Phoenix remained in the top spot and opened up a gap of 1.2% over the number 2 city.

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