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April 29, 2008

Housing Indexes: All-Time Highs and Where We are Now

These tables look at the high prices that US housimng made over the last two years and compares them to the spot indexes and what the derivatives markets project will be the full swing out two-three years.  Sources: Bloomberg, Radar Logic, TFS.

S&P/Case-Shiller Index - February 2008 v Highs
Nov 2010 Future v   High Index
High Month Hi  Index Feb 08 High v Feb 08 High v   Feb 08
Atl Jul 07 136.47 125.83 (10.64) -7.80%
Bos Sep 05 182.48 160.31 (22.17) -12.15% -17.80%
Char Aug 07 135.88 131.22 (4.66) -3.43%
Chi Sep 06 168.60 153.33 (15.27) -9.06% -19.45%
Clev Jul 06 123.49 106.82 (16.67) -13.50%
Dal Jun 07 126.47 117.72 (8.75) -6.92%
Den Aug 06 140.27 127.50 (12.77) -9.10% -19.44%
Det Dec 05 127.05 97.61 (29.44) -23.17%
LA Sep 06 273.94 214.83 (59.11) -21.58% -43.78%
LV Aug 06 234.78 177.18 (57.60) -24.53% -46.33%
Mia Dec 06 280.87 218.74 (62.13) -22.12% -39.19%
Min Sep 06 171.12 145.93 (25.19) -14.72%
NY Jun 06 215.83 198.46 (17.37) -8.05% -22.07%
Pho Jun 06 227.42 172.72 (54.70) -24.05%
Port Jul 07 186.51 176.24 (10.27) -5.51%
SD Nov 05 250.34 190.34 (60.00) -23.97% -38.64%
Sea Jul 07 192.30 179.85 (12.45) -6.47%
SF May 06 218.37 174.54 (43.83) -20.07% -40.47%
Tamp Jul 06 238.09 188.59 (49.50) -20.79%
WDC May 06 251.07 207.05 (44.02) -17.53% -26.71%
10-C Jun 06 226.29 190.58 (35.71) -15.78% -29.12%
20-C Jul 06 206.52 175.94 (30.58) -14.81%
Radar Logic RPX - April 29, 2008 Publication Date v High Watermarks
3 Year Swap v   High Index
High Month High Month 29-Apr-08 High v High v
Pub date 28 day Index 28 day Index Index Index
Atl Aug 07 106.31 92.30 (14.01) -13.18%
Bos Oct 05 257.46 198.29 (59.17) -22.98%
Char Aug 07 101.62 97.15 (4.47) -4.40%
Chi Aug 07 205.19 160.13 (45.06) -21.96%
Clev Aug 05 99.59 85.94 (13.65) -13.71%
Col Sep 05 103.92 91.16 (12.76) -12.28%
Den Sep 07 152.56 128.00 (24.56) -16.10%
Det Oct 05 121.60 94.80 (26.80) -22.04%
Jax Jan 07 135.97 112.12 (23.85) -17.54%
LA Jun 07 401.65 319.68 (81.97) -20.41%
LV Jul 06 186.72 132.36 (54.36) -29.11%
Manh Dec 07 1184.95 1117.59 (67.36) -5.68%
Mia Jul 06 208.48 168.82 (39.66) -19.02%
Milw Aug 07 135.29 107.60 (27.69) -20.47%
Minn Aug 06 164.36 138.13 (26.23) -15.96%
NY Aug 07 310.00 290.01 (19.99) -6.45%
Phi Aug 07 164.59 148.65 (15.94) -9.68%
Phx Aug 06 167.81 131.87 (35.94) -21.42%
Sacr Nov 05 252.78 161.25 (91.53) -36.21%
SD Jul 06 357.34 253.79 (103.55) -28.98%
Sea Aug 07 236.16 217.56 (18.60) -7.88%
SF Aug 07 463.32 372.95 (90.37) -19.50%
SJ Jul 07 484.69 424.43 (60.26) -12.43%
Stl Jul 07 124.52 98.54 (25.98) -20.86%
Tamp Aug 06 147.18 115.26 (31.92) -21.69%
WDC Jul 06 267.18 211.83 (55.35) -20.72%
25 C Aug 07 278.32 239.26 (39.06) -14.03% -32.03%

S&P/Case-Shiller Index - February 2008

Today, S&P released the February 2008 S&P/Case-Shiller HPI data:

S&P/Case-Shiller Index - February 2008

CME Feb 07 Jan 08 Feb 08 Jan 08 v Feb 08 Jan 08 v Feb 08 Feb 07 v Feb 08
Bos 168.04 162.59 160.31 (2.28) -1.40% -4.6% Bos
Chi 167.49 156.47 153.33 (3.14) -2.01% -8.5% Chi
Den 134.86 128.98 127.50 (1.48) -1.15% -5.5% Den
LV 229.64 186.05 177.18 (8.87) -4.77% -22.8% LV
LA 266.63 224.41 214.83 (9.58) -4.27% -19.4% LA
Mia 279.43 225.40 218.74 (6.66) -2.95% -21.7% Mia
NY 212.52 200.49 198.46 (2.03) -1.01% -6.6% NY
SD 235.54 197.45 190.34 (7.11) -3.60% -19.2% SD
SF 210.78 183.81 174.54 (9.27) -5.04% -17.2% SF
WDC 237.98 213.03 207.05 (5.98) -2.81% -13.0% WDC
10-C 220.46 196.17 190.58 (5.59) -2.85% -13.6% 10-C
Feb 07 Jan 08 Feb 08 Jan 08 v Feb 08 Jan 08 v Feb 08 Feb 07 v Feb 08
Atl 133.30 127.63 125.83