San Diego Housing Market News and Analysis
Higher-Priced Home Weakness Asserts Itself Again in June
Submitted by Rich Toscano on September 2, 2010 - 4:36pm
The Case-Shiller home price index for San Diego was up a mild .4 percent overall in June. Hidden in that increase, however, was a drop in the high-priced tier (composed of the most expensive one-third of homes sold during the April-through-June measurement period).
This continues the general (though recently dormant) trend in which the rebound has been far stronger in the low-priced than the high-priced tier, with the mid-priced tier splitting the difference:
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