San Diego Housing Market News and Analysis
Case-Shiller's Summer Super-Bounce Continued in August
Submitted by Rich Toscano on October 27, 2009 - 5:25pm
Nobody should be very surprised that the Case-Shiller index rose again in August.
This time around, the long-suffering low tier turned in the best performance with a robust 2.5 percent increase. The middle tier rose 1.6 percent for the month and the high tier increased .3 percent, with the aggregate index rising 1.6 percent.
Here's a graph of the three price tiers and the aggregate index since their bubble peaks:
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|* Rich Toscano is a registered representative of and offers securities and investment advisory services through Girard Securities, Inc., a registered Broker/Dealer, Registered Investment Advisor, and member FINRA/SIPC. Pacific Capital Associates is not a subsidiary or affiliate of Girard Securities. The views and opinions expressed on this site are not those of Pacific Capital Associates or Girard Securities, Inc. The information on this site should not be construed as investment advice.|