[quote=poorgradstudent]”April home prices in San Diego are 1.8 percent lower than a year ago.”
These newest numbers aren’t seasonally adjusted. That adjustment would make them look less exciting to those hoping for prices to rise.[/quote]
PGS
I dont care what the number say as I see exactly what is happening on the street level and always have. Clearly I might add. Prices took a hard hit between Nov and Jan of this year but have come roaring back to where they were last year. Its not so much an increase as it is a definitive shift in momenetum and market psychology. I dont expect huge price gains but when we see the number next Jan compared to this past Jan dont be surprised to see 10% year over year gains. I’m expecting close to that.