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EconoMeter: Where are home prices headed?

Panelists weigh in on the next 6 months

Roger Showley, SAN DIEGO UNION-TRIBUNE

Saturday, August 21, 2010

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Kelly Cunningham, National University System

Answer: Yes
Although there will be parts of San Diego’s housing market that will see prices and sales increases, the end of the tax rebates, continuing high unemployment and sluggish job growth, and inventory of foreclosed homes still to be released to the market, will cause overall prices and sales in San Diego to slump through the end of the year.