The January 2015 Case-Shiller Index Has Just Been Released

Posted on by Leslie Monaco Real Estate

The January 2015 Case-Shiller Index has just been released. You might be asking yourself, what is the Case-Shiller Index and why all the fuse? I’ll explain the importance of the Index and why we do make so much fuse about it.

The Case-Shiller Index is a compiled analysis of matched-price pairs that analyzes the rate of change for each pair. So if 1234 Main Street sold in 2005 and then again in 2014, that home would be used within the index.  This is one of the best tools we have that proves our market stability.

Denver lead the pack in the January 2015 Case-Shiller year-over-year change category with a 8.4% gain. Miami, FL came in a close second with a 8.4% gain. Dallas, TX was a right behind Miami with an 8.1% gain, followed by San Francisco, CA with a 7.9% gain. With the rest of the 16 cites studied in the index trailing.

Below is a graph showing monthly changes in the Denver index vs the 20-city composite index.

Case-Shiller Index

Here are year-over-year price changes in the Denver area from the S&P/Case Shiller Home Prices Index report for recent years:

  • January 2014: Up 8.4 percent, index 158.46.
  • December 2014: Up 8.1 percent, index 158.17.
  • November 2014: Up 7.5 percent, index 157.39.
  • October 2014: Up 7.2 percent, index 157.24.
  • September 2014: Up 6.2 percent, index 156.50.
  • August 2014: Up 6.3 percent, index 156.17.
  • July 2014: Up 6.7 percent, index 155.36.
  • June 2014: Up 7.7 percent, index 154.39.
  • May 2014: Up 8.2 percent, index 152,58.
  • April 2014: Up 8.9 percent, index 150.59.
  • March 2014: Up 9.1 percent, index 148.20.
  • February 2014: Up 9.1 percent, index 146.13.
  • January 2014: Up 9.0 percent, index 146.21.
  • December 2013: Up 9.0 percent, index 146.26.
  • November 2013: Up 8.9 percent, index 146.45.
  • October 2013: Up 9.5 percent, index 146.78.
  • September 2013: Up 9.9 percent, index 147.3.
  • August 2013: Up 10.1 percent, index 146.95.
  • July 2013: Up 9.7 percent, index 145.63.
  • June 2013: Up 9.4 percent, index 143.37.
  • May 2013: Up 9.7 percent, index 140.98.
  • April 2013: Up 9.9 percent, index 138.28.
  • March 2013: Up 9.8 percent, index 135.79.
  • February 2013: Up 9.9 percent, index 133.90.
  • January 2013: Up 9.2 percent, index 134.17.
  • December 2012: Up 8.5 percent, index 134.14
  • November 2012: Up 7.8 percent, index 134.5.
  • October 2012: Up 6.9 percent, index 134.03.
  • September 2012: Up 6.7 percent, index 134.01.
  • August 2012: Up 5.5 percent, index 133.48.
  • July 2012: Up 5.4 percent, index 132.79.
  • June 2012: Up 4.0 percent, index 131.06.
  • May 2012: Up 3.7 percent, index 128.48.
  • April 2012: Up 2.8 percent, index 125.81.
  • March 2012: Up 2.6 percent, index 123.66.
  • February 2012: Up 0.5 percent, index 121.81.
  • January 2012: Up 0.2 percent, index 122.92.
  • December 2011: Down 0.4 percent, index 123.62.
  • November 2011: Down 0.2 percent, index 124.79.
  • October 2011: Down 0.9 percent, index 125.38.
  • September 2011: Down 1.5 percent, index 125.57.
  • August 2011: Down 1.6 percent, index 126.48.
  • July 2011: Down 2.1 percent, index 125.98.
  • June 2011: Down 2.5 percent, index 125.97.
  • May 2011: Down 3.3 percent, index 123.94.
  • April 2011: Down 4.1 percent, index 122.32.
  • March 2011: Down 3.8 percent, index 120.56.
  • February 2011: Down 2.6 percent, index 121.26.
  • January 2011: Down 2.3 percent, index 122.73.
  • December 2010: Down 2.4 percent, index 124.10.
  • November 2010: Down 2.5 percent, index 125.02.
  • October 2010: Down 1.8 percent, index 126.58.
  • September 2010: Down 1.6 percent, index 127.33.
  • August 2010: Down 1.2 percent, index 128.57.
  • July 2010: Down 0.1 percent, index 128.72.

See Also: What is the Case-Shiller Index?

Source: January 2015 S&P/Case-Shiller Report, Denver Business Journal