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Median home price hikes slow in April: Escondido firm builds lower-priced housing communities in Vegas.

Publication: San Diego Business Journal
Publication Date: 30-MAY-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Median home price hikes slow in April: Escondido firm builds lower-priced housing communities in Vegas.(REAL ESTATE)

Article Excerpt
According to the latest data, the rate at which median home prices increase in San Diego seems to be slowing. In April, the rate was 10.3 percent vs. the 21 percent average rate of increases last year.

Ironically, just as we thought the insanity was being extricated from the market, the Wall Street Journal featured a $24.5 million home in its House of the Week section last week in none other than La Jolla.

Not pocket change by any stretch of the imagination.

So, perhaps home sellers' expectations are not tapering off at...

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