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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Submitted by permabear on September 9, 2010 - 10:22am.

Interesting graph, although $475k isn't much of a cutoff for San Diego. Is there any data split out by the upper tiers? Eg, 500k-750k, 750k-1M, 1-1.5M?

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