Case-Shiller Index: Home Prices Fell Slightly in San Diego in July After Months of Increases ...Middle East

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Case-Shiller Index: Home Prices Fell Slightly in San Diego in July After Months of Increases
A newly sold home in Encinitas. REUTERS/Mike Blake Home prices in the San Diego area fell in July after rising throughout the year, according to the authoritative Case-Shiller Index released Tuesday. Prices fell 0.6% in July after rising by the same percentage in June but were still 7.2% higher than a year ago. Nationally home prices were up 0.1% in July and 5.0% over the past 12 months. San Diego prices remain among the highest in the country, with only Las Vegas, Los Angeles and New York experiencing a bigger rise over the past year. “The rich are getting richer in San Diego, Los Angeles, and San Francisco where their high-price-tiered indices outperformed,” noted Brian D.

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