San Diego Home Price Gains Slow

San Diego home price gains were the highest in the nation for six months. Now, things have taken an uncharacteristic turn.

The San Diego metropolitan area’s home price increased 5.7 percent annually in August, said the S&P Case-Shiller Indices report released Tuesday. That made it No.7 in the 20-city index after months of domination.

San Diego metro, which includes all of San Diego County, had the first or second highest price gains for 11 months in the closely watched index. New York topped August’s list, up 8.1 percent in a year, followed by Las Vegas, up 7.3 percent.

America’s Finest City wasn’t alone in a slowdown. The nationwide annual increase was 4.3 percent, down from 4.8 percent the previous month.

read more at: https://www.sandiegouniontribune.com/2024/10/29/san-diego-home-price-gains-slow-falls-in-nationwide-rankings/

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