San Diego continued to slide down in rankings of the nation’s hottest real estate markets in October. San Diego had been in the top two markets in the closely watched index for most of 2021. Nationwide prices showed signs of finally cooling after record-setting pandemic gains, so San Diego metro (which includes all of San Diego County) was not alone in showing a slight deceleration. Inventory has continued to drop in the winter, suggesting increased competition could once again push San Diego to the top of Case-Shiller rankings. A recently released report from the Greater San Diego Association of Realtors suggested San Diego would continue to be a hot spot for real estate in 2022.

Source: The Express Tribune December 29, 2021 14:56 UTC