Just like the weather over the last few days, San Diego has seen economic markets heating up.
U.S. hiring swelled in October by the largest amount all year, and unemployment dropped another notch to 5 percent.
San Diego County’s economy has hit a three-month slump, a study from University of San Diego shows.
Home prices increased by 0.8 percent in July and 5.4 percent over the full year in San Diego County.
Rising rents and slowing home appreciation in San Diego County have reduced residents’ confidence in the local housing market according to Zillow.
Home ownership, that celebrated hallmark of the American dream, is increasingly on hold for younger Americans.
The costs of housing continued to rise in San Diego in the first half of 2015 both for renters and for owners.
Imperial Beach led property tax assessment increases this year, rising 7.3 percent from 2014 levels.
More evidence emerged Wednesday that San Diego’s accelerating economy is driving up rents faster than employers are increasing wages.
Vacancy rates for apartments in North County San Diego are tightening, pushing rental prices higher and causing a crisis for lower-income renters.
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