San Diego Condo Prices Jump Four Percent Through June 2011

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Condominium prices jumped 6 percent in June in a further sign of the housing shortage in San Diego, the Greater San Diego Association of Realtors reported.

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San Diego, CA (PRWEB) July 13, 2011 Strong demand for san diego condos continues its four year trend of reducing the supply of available condos. This reduction in supply has resulted in buyers paying higher prices for the few remaining choices of the shrinking inventory.

King County condo prices were up 17.1 percent in November from a year prior, as condo prices continue to rise faster than single-family- home costs, according to new monthly data released.

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Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San francisco bay area, San Diego, Denver, and Portland. Some of the markets in this select group of the most spending housing bubbles in America have turned the corner, according to the S&P CoreLogic.

If you would like downtown San Diego monthly sales statistics reports emailed to you, please fill out the form to the left. These Downtown San Diego sales statistics include Downtown San Diego Condos and Downtown San Diego Lofts and include the most recent sales prices, asking versus selling prices, average time on the market and the number of active, pending and sold homes.

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Vancouver was more expensive than San Francisco. home sales through the Multiple Listing Service to fall 1.3 percent in 2011 to 441,100 units, less than the 1.6 percent decline it forecast in.

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Moinian Launches New Lending Arm Chassin, a former Morgan Stanley executive who now leads the developer’s real estate lending arm, Moinian Capital Partners, acknowledged the "volatility" facing the Israeli market for U.S.