Phoenix Case-Shiller Index: High Price Tier slowing, Low Price Tier still increasing fast (November 2012 Report)

(See all posts on Phoenix Case-Shiller Home Price Index.)

The Case-Shiller Home Price Index measures home price appreciation (and depreciation).

Phoenix Home Price Appreciation – September 2011 to September 2012

• Low Price Tier = Up 40%
• Middle Price Tier = Up 24%
• High Price Tier = Up 15%

See the price breakpoints for the 3 tiers below the chart.

Phoenix AZ Case-Shiller Home Price Index

Phoenix Home Price Tier Breakpoints for September 2012

• Low Tier – Up to $135,181
• Middle Tier – $135,181 – $224,420
• High Tier – $224,420 and up

The Case-Shiller Home Price Index is the best estimate of actual home price appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the most current data is only through September 2012.