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San Diego County home values rose 1.4% in April, according to Standard & Poor's/Case-Shiller data just released (June 26), a bit better than the composite 1.3% gain of the 20 largest metropolitan areas. Home values in 19 of 20 metro areas rose in April, and Standard & Poor's analyst David Blitzer said the data were a "good sign," although he cautioned that "one month does not make a trend." San Diego values were down 1.8% from a year ago. San Diego values remain down slightly more than 40% from the late 2005 peak.
San Diego County home values rose 1.4% in April, according to Standard & Poor's/Case-Shiller data just released (June 26), a bit better than the composite 1.3% gain of the 20 largest metropolitan areas. Home values in 19 of 20 metro areas rose in April, and Standard & Poor's analyst David Blitzer said the data were a "good sign," although he cautioned that "one month does not make a trend." San Diego values were down 1.8% from a year ago. San Diego values remain down slightly more than 40% from the late 2005 peak.