Home values sink in October, but not in San Diego
Standard & Poor's/Case-Shiller housing data, released this morning (Dec. 26), show housing values dipping 0.1% for the 20 major metro areas in October. San Diego, however, was up 1.3%, topping all but two of the cities. In October, San Diego County values were up 6% from a year ago, topping the 4.3% composite of the 20 largest metro areas. Local home values are down 35.2% from the peak in November of 2005.