Thursday, May 31, 2007

OFHEO and Case-Shiller updates

The first quarter 2007 OFHEO and March 2007 S&P/Case Shiller numbers are out. See Calculated Risk on OFHEO and Case-Shiller, and a lengthy discussion by Mish. Here are the two since the beginning of 2006:

OFHEO quarterly for California:

CA 2006-1 278.69
CA 2006-2 282.56 - peak
CA 2006-3 279.45
CA 2006-4 273.97
CA 2007-1 270.85 - down 4.1%

S&P/Case-Shiller monthly for Los Angeles:

Jan-06 265.92
Feb-06 267.75
Mar-06 268.23
Apr-06 270.44
May-06 272.12
Jun-06 273.22
Jul-06 273.85
Aug-06 273.80
Sep-06 273.94 - peak
Oct-06 273.66
Nov-06 273.05
Dec-06 270.03
Jan-07 268.68
Feb-07 266.63
Mar-07 264.58 - down 3.4%, falling 1%/month

Case-Shiller is available in spreadsheet form and on Paper Money's graph tool, which I used for the plot above of the original Case-Shiller 10-city Composite and Los Angeles since 1987. My earlier post on Case-Shiller is here.

UPDATE: See Paper Money's new OFHEO graph tool. This link gives the US, California, and Los Angeles-Glendale-Long Beach.

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