Case-Shiller Home Price Index 6/26/12

The S&P/Case-Shiller Home Price Index for April 2012 was released today. The 20-City Composite is down 1.86% compared to April 2011 (seasonally adjusted) and is up 0.67% compared to the previous month. 17 of the 20 cities in the Composite-20 were up in April compared to the previous month.
Below is an interactive graph. You can interact with the graph by choosing what to display. The CITY category contains all 20 markets as well as the Composite-10 and Composite-20 index. The choices in the TYPE category are All, Condos, and High, Low and Middle Tiers. The prices of homes in each city are divided into three tiers. Each city has different breakpoints. For example, for the latest release in Las Vegas the Low tier is homes under $110,323 and the High tier is over $170,529. In San Francisco the Low tier is under $319,057 and the high tier is over $575,704. The SA/NSA category allows you to view Seasonally Adjusted data (SA) and/or Non-Seasonally Adjusted data (NSA). If you left click on a category, the chart will update with only data for that item in that category. If you hold the CONTROL button down while left clicking, it will toggle that item on and off while leaving the other items in that category the same allowing you to add or subtract items. If you hold the SHIFT key down while left clicking, it will add all items in between where you clicked and the item you last clicked. You can clear all selections in a category by clicking the Filter Icon on the top right of each category (looks like a funnel with a X). You can also refresh the page to bring it back to its original state.
Low priced properties have performed differently than the other price tiers throughout this housing cycle. Last month, the low tier properties rose in 14 of the 16 cities where the tiers are broken down with an average gain of 0.87% month over month as compared to 0.67% for all properties. Minneapolis has had some very large swings in the last few years, especially in the low price tier. The low price tier rose by 26.98% from June of 2009 to June of 2010. It then fell by 28.31% by June of 2011. It has rebounded 13.77% since then.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (6/18 - 6/22/12)

The Daily Leading Index rose by 0.17% to 5.50% after falling for 3 weeks in row. However, it is still down 1.76% month over month. The Daily Coincident Index remained flat at 2.95%. The Daily Leading Index page on the tab above is updated daily during the week. Equities dropped after hitting the overbought territory. International Emerging Markets led the way with a 1.92% decline for the week. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (6/11 - 6/15/12)

The Daily Leading Index fell by 1.14% to 5.33% and is down 2.58% month over month. The Daily Leading Index has now declined for 3 weeks in a row. The Daily Coincident Index declined to 2.95%. The Daily Leading Index page on the tab above is updated daily during the week. Equities continued to rally in a volatile week. International Emerging Markets led the way with a 2.79% gain and are now in the overbought territory. Bonds also rose during the week. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (6/4 - 6/8/12)

The Daily Leading Index fell by 0.32% to 6.47% and is down 2.50% month over month. The Daily Coincident Index stayed at 3.19%. The Daily Leading Index page on the tab above is updated daily during the week. Equities rebounded sharply from being oversold last week. U.S. equities posted their largest weekly gains this year. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

ISM Report on Business - 6/5/12

The May ISM Non-manufacturing index was reported today and was at 53.73, up 0.27% from the previous month.  On the other hand, PMI from the Manufacturing index that was released Friday was down month over month.  9 of the 10 categories in the Non-manufacturing survey are above 50.  A reading above 50 percent indicates the sector is generally expanding; below 50 percent indicates the is generally contracting.  5 out of the 10 categories in the Manufacturing survey are below 50.  I have averaged the Manufacturing and Non-manufacturing components to create a composite reading.  9 of the 10 categories in the composite are above 50.  

Below is an interactive graph.  You can interact with the graph by choosing what to display.  The INDICATOR category contains all 10 areas surveyed as well as the PMI and NMI composites.  The choices in the MA/NMA category allow you to view the Manufacturing report (MA), the Non-manufacturing report (NMA), and a composite of the two.  The DATES category allows you to view specific periods of time.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (5/29 - 6/1/12)

The Daily Leading Index fell by 0.64% to 6.79% and now is down 2.29% month over month. The Daily Coincident Index fell by .36%. The Daily Leading Index page on the tab above is updated daily during the week. Equities ended the week in a sea of red. The international equity indices are now down over 20% year over year. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.