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Realty Executives Dillon

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San Diego Home Prices Outpacing National Average

(Published on - 6/1/2016 11:57:31 PM)

San Diego home prices have been improving at a higher rate than the national average. Home values have arisen 6.15% over the past year according to the S&P/ Case-Schiller home price index. San Diego homeowners can thank an improved labor market, low interest rates, improved employment rates, and low inventory for pushing prices up. Nationally, the number of homes available on the real estate market is less than 2% of the number of households in the country, the percentage hasn’t been that low in 30 years.

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