San Francisco Area Home Price Gains Still Strong But Show Signs of Cooling

Monthly Home Appreciation Moderating

Monthly home price appreciation in the San Francisco metro area was the largest in the U.S. in March, though long-term gains appear to be moderating, according to the most recent S&P/Case-Shiller Home Price Indices.

Of the major metro regions included in Case-Shiller’s 20-city composite index, 19 showed positive price increases from February to March. Prices were up 12.4 percent across the country on an annual basis, with every market posting year-over-year increases.

Nonetheless, year-over-year price gains across the 20-city composite have slowed each month since November 2013.

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