San Diego home prices continue rapidly higher

June 25, 2013

The San Diego Union-Tribune reports that according to the S&P/Case-Shiller report that San Diego home prices were up 15% over one year ago. Prices were also up 4% over a month ago.

The Case-Shiller report covers 20 major metro areas. The reports data is also 60 days old so this report covers the month of April. And since the report is for sold properties it actually means that the transactions which ended up as closed sales were initiated some time in February or March.

San Diego home sales up 21%

June 11, 2013

San Diego home prices up 21%
The San Diego Union-Tribune reports on DataQuick’s May housing sales statistics that show home prices up 21% over last year in San Diego County and up 2% of May of this year. As the article point out, low interest rates are driving buyer demand for property. From what I’m seeing in the MLS, more home owners are placing their homes up for sale now than during the last few years.