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'San Diego's housing market slows its decline'

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San Diego's housing market slows its decline

02/27/09 20:12

Things are still going downhill, but it appears they are sliding down a little less swiftly in the last two months.

The downturn in the real estate market does continue and San Diego had a cumulative decline of 39.2% since November of 2005 when housing peaked.

Gary London, a San Diego real estate consultant says he believes that Southern California, the coastal markets and San Diego will come out of the downturn first.

Link: Home prices still falling in S.D., but at slower rate

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home prices South Dakota 'San Diego's housing market slows its decline'