Well, people continue to ask questions about those home price rate-of-change graphs so I thought I’d put up a few more.
Some people wanted to see a longer-term view that showed the year-over-year price change during the boom as well as during the bust. And some wanted to see the actual price index alongside the rate of change. The below graphs offer both. In order to keep things readable I gave each price tier its own graph:
OK, having beaten this topic to death I will move on. San Diego employment data will be released on Thursday, having been delayed by the EDD from its originally scheduled release date of last Friday. They did release California-wide data on Friday, however, and it was grim: state unemployment hit double digits with a 10.1 percent reading. San Diego employment has fared better than California’s in recent months, but worse than the nation’s as a whole. We will see what Thursday brings.
— RICH TOSCANO