The San Diego Case-Shiller Index declined for the third consecutive month, but the rate of change is so small that even David Blitzer called San Diego, ‘flat’.

Here are the non-seasonally-adjusted readings for 2014:

The October reading is 4.2% higher than January’s low for the year, and 40.7% above the trough in April, 2009!

Shiller called the housing market, ‘fragile’, and mentioned his usual ‘anxiety’ that a slowdown could be a precursor to prices dropping.  Video was skyped from what had to be his office, which looks like a professor’s domain:

http://video.cnbc.com/gallery/?video=3000342418