The S&P/Case-Shiller San Francisco Home Price Index released Sept 24, 2013 covering sales up to July shows a 2.23% one month rise and a 24.81% twelve month rise. The index value of 176.87 is still well below the peak of about 220 reached in 2006.
All 20 cities in the 20-City Composite have shown monthly gains for at least the last four months covered. Some cities such as Phoenix which were hard hit have shown consecutive gains much longer: 22 months of consecutive gains for Phoenix.
Concerns about future changes in the real estate market should probably be from changing government policies rather than from concern that a peak has been hit.
The Case-Shiller index can be reached from the “FACTSHEET” drop down menu at