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May Housing Supply and Demand
San Diego resale housing inventory increased by about 7 percent between April and May, but the amount of inventory is practically unchanged from this time last year.
Sales volume, on the other hand, continued to weaken in May. The number of resale transactions was flat month-to-month but down by over 22 percent from a year prior.
The months-of-inventory indicator, which measures how much resale supply is available compared to demand, was up to 7.1 months, compared to the 5.5 months of inventory available in May 2006.
-- RICH TOSCANO

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Manchester Sues Coastal Commission:
Navy Broadway developer argues that state agency doesn't have authority on federal property.
Tuesday, July 3 -- 6:52 pm
Gaylord Project 'On Borrowed Time':
With labor talks stalled, Chula Vista officials call for concessions from organized labor.
Tuesday, July 3 -- 4:08 pm
Squirrel Catches Plague:
Animal tests positive for the plague. Yes, the plague.
Tuesday, July 3 -- 11:32 am
SURVIVAL IN SAN DIEGOHypocritical Bailout:
Why are hedge funds being rescued and homeowners aren’t?
Tuesday, July 3 -- 7:05 pm
LETTERS TO THE EDITOROn Alcohol Ban, Work Remains:
For those who were hopeful we would attack the over-consumption of alcohol by installing some restrictions with teeth in them, this has been a waste of time so far.
Tuesday, July 3 -- 5:29 pm
CAFÉ SAN DIEGOGreen Theater Guidelines:
An ethic that reflects the simple reality that everyone and everything we do has an impact.
Tuesday, July 3 -- 1:53 pm
COMMENTARY: SLOPA Follow-Up :
So who was more truthful about Sunroad's suddenly ceased 'marketing partnership' with the city?
Tuesday, July 3 -- 6:27 pm
COMMENTARY: RICH TOSCANOApril Case-Shiller HPI :
San Diego home prices declined again in April, say Professors Shiller and Case.
Monday, July 2 -- 9:35 am
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