Ian Pike noon, Dec. 8
Local Housing Values Up, but Pace of Gain Slowing
San Diego County housing values rose 0.1% from November to December, according to the Standard & Poor/s Case-Shiller Home Price Index, released today (Feb. 23). Of the top 20 metro markets, San Diego was one of only four to register a gain in December. However, values had gained 0.4% in November from October. For the last year, San Diego home prices have risen 2.7%. Only 6 of the 20 metro areas can say that. "Housing is definitely in better shape than it was this time last year," says S&P's David Blitzer, but "the rate of improvement seen during the summer of 2009 has not been sustained."