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San Diego Home Prices Falling?

Home sales in San Diego County rose 1.3% in August from July but fell 0.6% year-over-year. The median home price dropped to $1.02 million from $1.04 million the previous month, slightly up from $1.01 million a year ago. Statewide, sales increased 0.9% from July, with a median price of $899,140, up 1.7%. A recent decline in mortgage rates may boost homebuying activity.

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