Because our market at the end of 2019 was so flat (December’s index was lower than July’s), the year-over-year gains are going to make for sexy double-digit headlines for the next couple of readings.
San Diego Non-Seasonally-Adjusted CSI changes:
U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows.
The biggest price gain was in Phoenix for the 17th straight month, where home prices rose 12.7% from a year ago. It was followed by Seattle with 11.7% and San Diego at 11.6%.