The November Case-Shiller Index reading of 194.15 for San Diego was about the same as October (194.07). Today, the December reading was released, at 193.87, which was a decline of 0.1%.
The Y-O-Y number is still a whopping +18.0%, but that should continue to taper off, even if prices go higher. We won’t see another spring with monthly gains of +2%, will we?
| Month | ||
| March ’13 | ||
| April ’13 | ||
| May ’13 | ||
| June ’13 | ||
| July ’13 | ||
| August ’13 | ||
| September ’13 | ||
| October ’13 | ||
| November ’13 | ||
| December ’13 |
San Diego CSI:
well, according to the CS index, it looks like real estate does in fact only go up!!