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2012-07-31 15:45:25
S&P/Case-Shiller Index shows prices increasing

Prices up yet again in San Diego

An article in the San Diego Daily Transcript reported that the monthly S&P/Case-Shiller Index for May was just released.  The data shows that home prices in San Diego increased in May over April by an average of 1%.  This follows the 1.4% increase from March to April.  In addition, home prices across the nation rose by an average of 2.2% from April to May.

 

In comparing last year’s prices to this year’s prices, we are 1.1% lower this May compared to May 2011.  It does indeed seem as though we are bouncing along the bottom of the market.

 

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Bryan & Allison Devore

Prudential California Realty

(760) 908-3838

North San Diego County and Carlsbad Real Estate

 

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