San Diego Housing Market News and Analysis
Still No Housing Bubble in San Diego
Submitted by Rich Toscano on June 5, 2017 - 1:27pm
Bubble chatter has been on the rise, especially with the recent new all-time high in in the SD median (nominal) home price. In my latest article for Voice of San Diego, I make the case that San Diego housing exhibits neither the valuation nor the behavioral characteristics of a bubble:
There’s Still No San Diego Housing Bubble Yet
The article includes a chart that will be new to Piggs, showing the speed of price increases now vs. during the late-stage bubble.
(Remember, digital charts are most compelling if you print them out on paper and hold them up to a video camera -- the lower resolution, the better).
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