Wednesday, June 19, 2013
KPBS -- Economists are warning that there are signs that housing prices are going up a little too high, a little too quickly.
In May, San Diego home prices were up nearly 24 percent over last year's and California as a whole experienced the biggest year-to-year housing price jump in 33 years.
Alan Gin is a professor of economics at the University of San Diego and author of USD's Index of Leading Economic Indicators. He said the situation is better than when the housing market crashed several years ago. (Full Story)