(I just updated the Case-Shiller graphs.)
Annual Home Price Appreciation
Jan 2015 – Jan 2016
Most Appreciation (within the 20 metros)
- Portland = +11.8%
- Seattle = +10.7%
- San Francisco = +10.5%
It looks like San Francisco has lost some of its mojo since November. The turmoil in tech startup valuations is trickling down. On the other hand, Seattle home prices haven’t lost any upward momentum (yet?).
Least Appreciation (within the 20 metros)
- Chicago = +2.1%
- Washington DC = +2.2%
- New York = +2.8%
In addition, New York’s ultra luxury condo market seems wobbly.