HOMZ - Less-Splendid Housing Bubbles And Crushed Markets In America September Update
Price gains down to trickle in Chicago. Red-hot Dallas slows. Charlotte and Minneapolis surge. Crushed Detroit and Cleveland hit new highs.
Housing market dynamics are local. Just how much they differ from market to market is depicted by the 20-city CoreLogic Case-Shiller Home Price Index. I divide these 20 markets into two parts: The most splendid housing bubbles in America, where home prices have more than doubled since January 2000, and in some cases nearly tripled; and the remaining markets where prices have not yet doubled since January 2000, including markets that had been