voiceofsandiego.org: Toscano... April Housing Supply and Demand
an independent nonprofit |
We depend on your donations. Consider joining us today.

April Housing Supply and Demand


PRINT     E-MAIL STORY    SHARE

The trend towards comparative demand weakness continued in April, with existing home sales down 6.6 percent from April 2006. Compared to last year, condo sales were actually little stronger, but single family home sales were quite a bit weaker.

We've seen the flipside of that pattern in resale inventory. As in recent months, the mix of homes for sale includes more single family units and fewer condos than last year's mix. As a matter of fact, condo inventory was actually down from the prior year while single family inventory was up. In aggregate, inventory was up a slight 2.1 percent over last April.

The months-of-supply figure for both property types ended up at about 6.6 months.

-- RICH TOSCANO

A Nerd's Eye View

Rich Toscano is a financial advisor with Pacific Capital Associates*;
he also writes about San Diego real estate at Piggington's Econo-Almanac.
Contact him at rtoscano@pcasd.com.

Insight from L.A.:

 

What would a union for school principals look like?

Friday, May 11 -- 12:22 pm

Teachers to Reopen Contract:

 

San Diego Unified teachers say they trail the rest of the county in pay.

Friday, May 11 -- 12:03 pm

Medical Center Receives 'B' Grade:

 

UCSD ranks near top in new PharmFree Scorecard.

Friday, May 11 -- 11:47 am


Sponsored By

MOST POPULAR STORIES:

SURVIVAL IN SAN DIEGO

98 Homes on the Block :

 

Read the fine print before heading to tomorrow's home auction at the Convention Center.

Monday, June 4 -- 10:40 am

LETTERS TO THE EDITOR

Boring Bandwidth Bay Business Concept:

 

Business needs a purpose, not a gimmick.

Friday, May 11 -- 11:47 am

CAFÉ SAN DIEGO

Time for Change :

 

I'd like to see more community response to the VA. Here's what I would do.

Thursday, May 10 -- 5:15 pm

COMMENTARY: SLOP

LWV: Elect a Commission :

 

The League of Women Voters want to, well, vote.

Thursday, May 10 -- 4:31 pm

COMMENTARY: RICH TOSCANO

Lereah out with a Bang :

 

NAR's chief economist ends his tenure on an appropriately oblivious and self-serving note.

Friday, May 11 -- 3:39 pm
Sponsored by

This Just In

The Ka-Ching in School Flexibility:

 Estimates: $171 million could be freed of restrictions. » Jan. 6 -- 6:47 pm



The Myth That Is Scaring Teachers:

 NBC takes apart the rumors that IOUs could replace teacher paychecks.

Jan. 6 -- 6:27 pm


School Board Backs 'Flexibility':

 It tells Sacramento it is time to cut the strings on much of its funding.

Jan. 6 -- 6:20 pm


SURVIVAL IN SAN DIEGO

A Cheerleader Drops His Pom-Poms:

 David Lereah, head booster for Realtors earlier this decade, apologizes for being wrong.

Jan. 6 -- 10:47 am



LETTERS TO THE EDITOR

The Book of GOB:

 General obligation bonds, not lease-leaseback arrangements, are the answer to the city's "structural deficit" woes.

Jan. 6 -- 4:26 pm



CAFÉ SAN DIEGO

MPA Success Stories:

 Here's a look at the tangible results MPAs have yielded.

Jan. 6 -- 4:30 pm



COMMENTARY: SLOP

The Port and a Pre-Emptive Strike:

 Apparently worried that an unsuccessful ballot measure in November might have imitators, the port is signaling it will try to make it impossible.

Jan. 6 -- 5:53 pm



COMMENTARY: RICH TOSCANO

Another Resale Home Price Drop in December:

 The median-based price indicators closed out a dismal 2008 with another monthly decline.

Jan. 6 -- 4:06 pm

Copyright © 2008 voiceofsandiego.org. All Rights Reserved.