27 September 2023
The Case-Shiller indices show a significant rise in housing bubbles since 2000. Miami and San Diego lead with a 317% surge, with index values at 417, followed closely by Los Angeles at +316%. The index uses a “sales pairs” method, offering a more accurate representation of housing price trends. Essentially, it measures home-price inflation. However, not all cities experienced such growth. Chicago, for instance, saw only a 97% increase since 2000, excluding it from the top housing bubbles.