Annual Appreciation Numbers - AZ #1 2020

 The year over year comparisons are below:

1. Phoenix 12.7%
2. San Diego 11.6%
3. Cleveland 9.5%
4. Boston 9.4%
5. Portland 8.9%
6. Tampa 8.6%
7. Charlotte 8.6%
8. Los Angeles 8.4%
9. Washington 8.2%
10. Minneapolis 7.8%
11. San Francisco 7.7%
12. Denver 7.0%
13. Miami 6.8%
14. Atlanta 6.8%
15. Dallas 6.5%
16. Las Vegas 6.4%
17. Chicago 6.3%
18. New York 6.0%

The national index increased by 8.4% over the 12 months.

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Footnote: Case-Shiller® is always a 3-month lag in data.

Interesting that we seem to be pacing most closely with San Diego.

If there's a surprise it's that New York prices increased! Perhaps it's reconciled with the fact that New York comes in last in year-over-year appreciation. This is something we see locally all the time - an area that has been 'slow' suddenly seems to catch fire - ebb and flow...