The June S&P Case-Shiller Index report released today continued to reflect the surge in Bay Area home values. Remember that Case-Shiller measures house values in a 5-county area and generally reflects the heat of the market 4-6 months ago. So far in 2012, the city of San Francisco itself is outperforming the 5-county area.

Our full report on Case-Shiller is online here: http://www.paragon-re.com/Case_Shiller_Index_Deciphered_for_SF