An index measuring housing prices nationally showed San Diego’s prices increased 4.7 percent over a 12-month period from October 2013 to October 2014, or slightly better than a composite index for the 20 largest cities, which finished up 4.5 percent over the same period.
The Standard & Poor’s/Case-Shiller Home Price Index report showed the San Diego region’s housing prices remained flat in October compared to September.
For the 12 months from October 2013, the cities with the biggest housing price increases were Miami, at 9.5 percent, and San Francisco, at 9.1 percent.
The cities with the lowest price increases were Cleveland at 0.9 percent, and Chicago, at 1.9 percent.
David Blitzer, managing director of the committee at S&P Dow Jones Indices, said the recent housing data shows home prices have been rising at a slower pace in 2014 compared to 2013, but there are hints that prices will end on a strong note, and accelerate into 2015.
