The numbers in the Case-Shiller Indices relate to a January 2000 value designated as 100. A reading of 181.9 signifies a value 81.9% higher than that of January 2000. The SF Metro Area is comprised of 5 Bay Area counties.
2013: 19% appreciation over the 12-month period according to Case-Shiller.
2012-2013, since recovery began in earnest: 32% appreciation per Case-Shiller.
1996-2013: a longer-term view of cycles in real estate.