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San Diego-Chula Vista Carlsbad Home Prices Down 2.0% Year Over Y

San Diego-Chula Vista-Carlsbad home prices fell 2.0% year-over-year in May 2025, with a 0.4% monthly decline. National house price growth slowed to 2.1%, the lowest since 2012, due to rising mortgage rates. Despite slower price growth, higher household incomes have helped maintain affordability. Some markets like Cambridge and Pittsburgh saw strong price increases, while others experienced flat or declining prices.

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