San Diego Housing Market News and Analysis
February 2016 Housing Data Rodeo
Submitted by Rich Toscano on March 15, 2016 - 9:09pm
Supply is still tight out there, with February's months of active inventory lower than either of the past two years:
Here's a look at months of active inventory flipped (so that low inventory appears high on the chart, demonstrating the correlation with prices). Note that prices have very rarely declined when inventory was at these levels:
Short of a lot of new supply coming online, or a sudden decline in demand, it looks like more price increases in the months immediately ahead.
More charts below...
~Active forum topics~
|* Investment advisory services and securities offered through Girard Securities, Inc., member FINRA and SIPC. Investment advisory services also offered through Crawford Capital Management, Inc. Pacific Capital Associates and Crawford Capital Management, Inc. are not affiliated with Girard Securities, Inc.|