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April Case-Shiller HPI



The divergence between the median home price and the Case-Shiller Home Price Index continues.

According to the HPI, which compares same-home sales and is thus a far better price metric than the median sales price, San Diego home prices were still declining as of April.

If Professors Shiller and Case are to be believed, San Diego single family home prices have dropped 6.7 percent since April 2006 and 7.1 percent since the November 2005 peak.

-- 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.

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This Just In

RS Audits UCSD:

 University confirms that the government is looking at its books. » Jul. 9 -- 7:37 pm



Big-Box Veto Hearing Tuesday:

 The City Council will consider overriding Mayor Sanders on superstores.

Jul. 9 -- 2:51 pm


That Was Awkward:

 What it's like to share an elevator with the city attorney and the police chief.

Jul. 9 -- 2:30 pm


MOST POPULAR STORIES:

SURVIVAL IN SAN DIEGO

Boos from the Red Shirts :

  Mini-dorm debate draws scores of peeved homeowners.

Jul. 9 -- 6:58 pm



LETTERS TO THE EDITOR

Southern Disappointment:

 Gaylord would have hired workers from out of the area.

Jul. 8 -- 7:50 pm



CAFÉ SAN DIEGO

Task Force Lacking:

  For a Beach Alcohol Task Force wouldn’t you think it would make sense to ask the one group of people that see the problem first hand what they think?

Jul. 9 -- 6:54 pm



COMMENTARY: SLOP

Library Week, 2007 :

  Join me as we spend a few days trying to find out exactly what are the status and prospects of a new main library downtown.

Jul. 9 -- 6:18 pm



COMMENTARY: RICH TOSCANO

Laid-Back Lenders :

  So far, mortgage lenders are foreclosing on fewer delinquent homeowners than they did in the 1990s.

Jul. 5 -- 4:53 pm


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