For a long time I have been discussing, with various degrees of rantiness, government intervention in the housing market. When I first touched on the subject in early 2007, before any bailouts had begun, some of the potential interventions I envisioned seemed kind of far-fetched. By late 2007, a ... Read more

The July update of the Case-Shiller San Diego home price index is in. The index increased by 2.5 percent from June -- a substantial ( if expected ) one-month bounce. As usual, Kelly has done a nice writeup on month-to-month changes with and without seasonal adjustments. I'll supplement her ... Read more

In response to last week's article on historical home sales , a reader requested charts expressing the sales data in terms of dollars' worth of homes sold instead of just the number of homes sold. I had to cobble a few things together to make these charts. (Non-nerds may skip the rest of this ... Read more

According to the Employment Development Department's latest estimates, San Diego's year-over-year rate of job losses slowed for the first time in 2009. The region's employment decreased by 55,600 jobs between August 2008 and August 2009, a decline of 4.3 percent. That is good news -- if the ... Read more

Home sales may have recovered strongly from the depths they plumbed in 2007 and 2008, but they are still anemic when compared to San Diego sales activity over the past couple of decades. You wouldn't know it from looking at a chart of historical home sales. The number of sales, indicated by the ... Read more

As discussed in the prior article , the median price per square foot was up again last month, though not as strongly as earlier in the year: read more ... Read the full post ... Read more

Summer may be winding down, but the summer rally in the size-adjusted median price of San Diego homes continued another month. From July to August, the median price per square foot rose .7 percent for detached homes, 1.3 percent for condos, and .8 percent in aggregate. This was not much of ... Read more

For a while I've been tracking a set of statistics that highlighted the great disparity between homes sales in higher-priced and lower-priced areas of San Diego. What we've been seeing for quite some time now is that compared to the expensive areas, the cheap areas had fallen a lot more in price b ... Read more

As with every month so far in 2009, more existing San Diego homes went into foreclosure than were sold. Just barely, though -- the ratio of home sales to default notices (the initial stage of foreclosure) was just gnat's eyelash below one-to-one. The ratio was .997, to be exact. That's the best sa ... Read more

The Case-Shiller index of San Diego home prices notched up its second monthly gain in June. Wait -- wasn't June, like, two months ago? And given that the index is based on the preceeding three months' worth of data, doesn't this give a better idea of the price movement in May (the middle month of ... Read more