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Standard & Poor's/Case-Shiller home price values for January, released this morning (March 26), show San Diego County values rising 9.8% over the last year, topping the average of 8.1% for the 20 largest metro areas. However, from December to January, local values dropped 0.6%, comparing poorly with the rise of 0.1% by the 20-metro average. On a year-over-year basis, the 20-composite index posted its largest percentage gain since 2006. San Diego home values are now down 34.7% from the 2005 peak.
Standard & Poor's/Case-Shiller home price values for January, released this morning (March 26), show San Diego County values rising 9.8% over the last year, topping the average of 8.1% for the 20 largest metro areas. However, from December to January, local values dropped 0.6%, comparing poorly with the rise of 0.1% by the 20-metro average. On a year-over-year basis, the 20-composite index posted its largest percentage gain since 2006. San Diego home values are now down 34.7% from the 2005 peak.