Saturday, August 12, 2006

San Diego House Sales Down Again

The San Diego Union Tribune reports on the new DataQuick numbers which show that "Coupled with a slide in sales activity, the decline in median prices followed a 1 percent year-over-year reduction recorded for June. Taken together, the two summer months showed the first back-to-back downturn in prices here since May and June of 1995."

This article also has some great anecdotes about the psychology of the market changing.

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