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San Diego County home values rose 0.1% in November from October -- the only metro area among the top 20 to gain, according to the latest Standard & Poor's/Case-Shiller home price indices. San Diego's values rose 2.6% from a year ago. Only three other cities of the top 20 registered gains: Los Angeles (2.1%), San Francisco (0.4%), and Washington DC (3.5%). However, the national housing scene is not bright, says David Blitzer of S&P. "The housing market has experienced an unambiguous deceleration in home price returns," says Blitzer. "A double-dip could be confirmed before Spring." San Diego home values are now down 36% from the peak in November of 2005.
San Diego County home values rose 0.1% in November from October -- the only metro area among the top 20 to gain, according to the latest Standard & Poor's/Case-Shiller home price indices. San Diego's values rose 2.6% from a year ago. Only three other cities of the top 20 registered gains: Los Angeles (2.1%), San Francisco (0.4%), and Washington DC (3.5%). However, the national housing scene is not bright, says David Blitzer of S&P. "The housing market has experienced an unambiguous deceleration in home price returns," says Blitzer. "A double-dip could be confirmed before Spring." San Diego home values are now down 36% from the peak in November of 2005.