Thursday, June 15, 2006

Voice of San Diego - "Where Did That Come from?" (6-15-06)

"But while the large number of condo conversions being sold may go some way towards explaining why the median sales price dropped so much, analysts cautioned that it doesn't fully explain DataQuick's statistics."

"There's no possible way prices fell that much in one month," said Chris Thornberg, a senior economist at the University of California, Los Angeles Anderson Forecast. "It's just not possible."


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