The Standard & Poor/Case-Schiller US National Home Price Index was released today and showed that 2nd quarter home prices increased 3% over the first quarter of 2009.  Those prices are still down over last year.  This index sets home values in the year 2000 at an index of 100.  That index stands at 133 for National 2nd quarter numbers.  Monthly numbers are reported with a two month lag.

In Seattle, the index sits at 149.53 for the month of June; holding steady with a slight up and down for the last 4 months.  March 149.03/April 149.38/May 148.96/June 149.53.  The last time Seattle was as high as 149.53 was June 2005 at 151.79.

August 25, 2009