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Our San Diego Case-Shiller Index has officially hit a flat spot.

The November, 2013 reading was 194.15, virtually the same as the previous month’s 194.07 number.

San Diego had the fourth-highest year-over-year total at +18.7%, but the majority of that frenzy-driven gain happened 8-12 calendar months ago (when appreciation was running 2%-3% per month).

Month
M-O-M
Y-O-Y
March ’13
+2.0%
+12.1%
April ’13
+2.8%
+14.7%
May ’13
+3.2%
+17.3%
June ’13
+2.8%
+19.3%
July ’13
+2.0%
+20.4%
August ’13
+1.8%
+21.5%
September ’13
+0.9%
+20.9%
October ’13
+0.3%
+19.7%
November ’13
+0.0%
+18.7%

The market has been cooling off for more than six months. The index has steadily declined since the May, 2013 reading, which had measured the gains from March, April, and May (purchasing decisions made a year ago).

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