Case-Shiller Report: San Diego Home Prices Fall for Second Month in a Row ...Middle East

Times of San Diego - News
Case-Shiller Report: San Diego Home Prices Fall for Second Month in a Row
A contemporary home for sale in Point Loma. Photo by Chris Stone Home prices in San Diego fell slightly in August for the second month in a row amid a national downward trend, according to the authoritative Case-Shiller Index released Tuesday. Local prices declined by 0.7% after an adjusted 0.7% drop in July, but are still up 5.7% over the past 12 months. Nationwide the decline was 0.1% following no change in July for a one-year increase of 4.2%. Most large metro areas showed declines in August, with only the New York, Las Vegas, and Chicago markets remaining at all-time highs. “Home price growth is beginning to show signs of strain, recording the slowest annual gain since m

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