June Housing Supply and Demand
It's the same story as we've seen in recent months. Resale housing inventory grew on a month-to-month basis in June, but was 1.5 percent lower than it had been a year prior.
Resale volume, meanwhile, was quite weak, coming in at 20.8 percent below last year's already fairly low levels.
At June's level of supply and pace of sales, there were 7.2 months worth of resale homes available on the market. This is an increase of 24.3 percent over the 5.8 months of inventory for sale in June 2006.
-- RICH TOSCANO

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Mayor's Recycling Timeline Released:
Draft recycling ordinance coming in one month.
Wednesday, July 18 -- 4:33 pm
Water, Sewer Town Halls:
Sanders will hold forums next week to discuss the rate changes.
Wednesday, July 18 -- 2:38 pm
I Want My Money Back:
Francis asks the local Republican Party to return $25,000 after its quick -- and quiet -- endorsement of Sanders.
Wednesday, July 18 -- 1:10 pm
SURVIVAL IN SAN DIEGOCotton Candy, Anyone? :
Survival goes to a blog carnival.
Wednesday, July 18 -- 1:02 pm
LETTERS TO THE EDITORNot a 'Yacht,' a Necessity:
The long-proposed (over 20+ years of studies) new main library would not only serve the recent residents to downtown and the adjacent neighborhoods, but also serve the region.
Tuesday, July 17 -- 3:49 pm
CAFÉ SAN DIEGOOn Parking and Privatization:
Park space is of course limited, so the struggle is to balance every tenant’s wants against the obligation to maintain Balboa Park as a cohesive property that honors its traditions but still has a future.
Wednesday, July 18 -- 2:25 pm
COMMENTARY: SLOPLibrary Hours, a History in Docs:
You'll note only four branches are open longer than 45 hours a week.
Wednesday, July 18 -- 9:18 am
COMMENTARY: RICH TOSCANOPiling On :
The bad news for the mortgage industry just keeps on coming.
Wednesday, July 18 -- 2:58 pm
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Graham Left Fla. Same Way:
Her exit from a redevelopment post in West Palm Beach similar.
Thursday, July 24, 2008 -- 7:15 pm
'Difficult Decisions':
Nancy Graham explains her resignation.
Thursday, July 24, 2008 -- 4:53 pm
Audits, Audits Everywhere:
In addition to auditing SEDC, the city will also look at three other city agencies.
Thursday, July 24, 2008 -- 4:47 pm
SURVIVAL IN SAN DIEGOKB's Gone Fishin':
She's getting some deserved vacation, but will be back soon.
Wednesday, July 23, 2008 -- 4:13 pm
LETTERS TO THE EDITORTake That, BoA:
Aguirre shows them who's boss.
Thursday, July 24, 2008 -- 4:18 pm
CAFÉ SAN DIEGOObsolete Pete:
Thirty years after Blackout Pete implemented his redevelopment model for San Diego, it's time for a major overhaul.
Thursday, July 24, 2008 -- 7:56 pm
COMMENTARY: SLOPBe a Part of an Electric Place:
This isn't a job. It's a mission. And we're eating up every moment of it. Join us.
Wednesday, July 23, 2008 -- 3:57 pm
COMMENTARY: RICH TOSCANOForeclosures Still Piling Up:
June made for another record-setting month in San Diego foreclosure activity.
Tuesday, July 22, 2008 -- 12:34 pm
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