I will not speak for sdr but I took his statements to mean that CV was an indicator for the detached mid-upper level market that you referred to gn. It (at least to me) was implicit that his reference was not that CV was an indicator for downtown condos, or eastlake homes or other places like Escondido and such… sdr has stated many times that depreciating hits the outlying areas and less desireables and condos first.
By the way I had a guy yesterday ask me about data for 92025. The active pendings for 3/2 homes in 92025 is 71-5.
