San Diego home prices are up again, fueling optimism that the real estate market continues to rebound, said Tuesday's S&P/Case-Shiller Home Price Index. This week’s reporter said, “California is also doing well while the northeast and industrial Midwest is lagging somewhat.”
November marked the 10th straight month of home-price gains for the San Diego region, one of 20 major metro areas tracked by Case-Shiller. It also marked the fifth straight month of year-over-year increases.
“Housing is clearly recovering," the housing report said. "Prices are rising as are both new and existing home sales. Existing home sales in November were 5.0 million, highest since November 2009. New home sales at 398,000 were the highest since June 2010. These figures confirm that housing is contributing to economic growth."
Now is the time to invest in San Diego real estate. The market is clearly on the rise and is making great strides to a full recovery. Call today to start your search for the perfect home 619-665-5360 or email Jason@MetroSDRealty.com.