Summer gives San Diego home prices a small boost
San Diego housing prices inched up in June for the summer season but remain more than 5 percent below levels seen in June 2010.
The widely watched Standard & Poor's Case-Shiller Home Price Indexpainted a fuzzy picture in terms of the housing market, both in San Diego and nationwide.
While home prices were up in June across the country, there is little evidence of a return to a robust housing market. Despite low mortgage interest rates, all of the 20 cities in the Case-Shiller Index posted housing prices in June that were lower than the same month last year.
In San Diego County, home prices in June were roughly at the same levels as they were in October 2009.
