County Home Values Lag Other Metro Areas

San Diego County home values did slightly worse than the composite of 20 major metro areas in May, according to Standard & Poor's/Case-Shiller home price data released this morning (July 31). San Diego values rose 0.9% from April, lagging the 2.2% rise of the 20-city composite. Local home prices fell 1.1% from a year ago, a worse performance of the 0.7% drop of the composite. San Diego home values are down 39% from the peak of late 2005.

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