Indexed Returns for Bay Area Homes Nearing Negative Territory in May 2019

Having ticked up 1.6 percent in April, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.3 percent in May.

And with the index now hovering just below its peak in the third quarter of 2018, at which point it was up 10.7 percent on a year-over-year basis, it’s now running 1.0 percent above its mark at the same time last year, which is the smallest year-over-year gain for the index since the second quarter of 2012 and down from a 10.8 percent year-over-year gain at the same time last year.