San Diego home prices declined for the second month in a row in November, but remained 8.0% higher than a year ago, according to the respected Case Shiller Index. Detroit and San Diego were listed as the two large markets with the highest year-over-year gains. High mortgage rates were blamed for the price declines, but a decrease in rates could support further annual gains in home prices.
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number [01527365]. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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