Home prices in county slow rate of increase

Homebuyer tax credit a factor, analysts say

By Roger Showley
Wednesday, November 25, 2009 at midnight

San Diego County home prices continued their months-long climb in September but at a slower pace than during the summer, the closely watched Standard & Poor’s Case-Shiller Home Price Index showed yesterday.

Mirroring trends elsewhere, San Diego’s index was up 0.9 percent from August, the slowest month-to-month rise since May. But on a year-over-year basis, the 5.7 percent decline was the smallest in more than two years.

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