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San Diego County home values in April soared 19.7% from the year earlier, according to a report from Zillow.com today (May 21). Of the largest 30 metro areas, only five (San Francisco, Phoenix, Sacramento, San Jose and Columbus, Ohio did better -- three of them above 25%.) The national increase was 5.2%. Between March and April, San Diego values rose 2.2% -- matched by Seattle and topped by only Los Angeles, San Francisco, Riverside, Sacramento, Las Vegas and San Jose. San Diego rents rose only 0.1% month over month and 1.7% over the year. Zillow believes that nationally, these kinds of home price increases are unsustainable.
San Diego County home values in April soared 19.7% from the year earlier, according to a report from Zillow.com today (May 21). Of the largest 30 metro areas, only five (San Francisco, Phoenix, Sacramento, San Jose and Columbus, Ohio did better -- three of them above 25%.) The national increase was 5.2%. Between March and April, San Diego values rose 2.2% -- matched by Seattle and topped by only Los Angeles, San Francisco, Riverside, Sacramento, Las Vegas and San Jose. San Diego rents rose only 0.1% month over month and 1.7% over the year. Zillow believes that nationally, these kinds of home price increases are unsustainable.