The San Diego Case-Shiller Index is at an all-time high, and it’s 75% higher than it was in November, 2005 which was the peak before the GFC (this blog began in September, 2005).
San Diego Case-Shiller Index, Non-Seasonally Adjusted
“This month’s report boasts another all-time high,” says Brian D. Luke of S&P Dow Jones Indices. “We’ve witnessed records repeatedly break in both stock and housing markets over the past year.”
“San Diego stands out with an impressive 11.1% annual gain, followed closely by New York, Cleveland, and Los Angeles, indicating a strong demand for urban markets,” he said.
Prices grew slightly faster in San Francisco and Seattle than in San Diego in March, but those cities’ real estate markets has fallen further, and San Diego remains far ahead over the past 12 months.
