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July 2025

San Diego-Chula Vista-Carlsbad Home Prices Down 0.6% Year Over Year in June

First American Data & Analytics reports a continued national home price slowdown with seven months of annual deceleration, signaling a shift toward a buyer's market. Inventory growth and affordability constraints are driving price cuts, especially in the starter home tier, which saw declines in 14 of the top 30 markets. This cooling may help first-time buyers, particularly in expensive and...

Southern California Housing Market: Prices and Forecast 2025

In May 2025, Southern California's housing market showed a slight cooling with home sales down 7.6% year-over-year and median prices rising 0.9% to $888,000. Inventory increased, signaling a shift toward a more balanced market, though still favoring sellers. High mortgage rates around 6.77% are limiting affordability. Price growth is expected to slow, with steady demand driven by population and...

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