The Daily Transcript - "San Diego County multifamily statistics reflect market in transition" (2-22-07)

"Real-estate analysts, economists and housing industry leaders agree the market is down, as evidenced by slowing transaction volume and declining average sales prices in all segments of the housing market: single-family homes, apartment properties and condo conversions. The softening trends in San Diego County have been brought about by buyer hesitation and sellers reflecting general concern in the marketplace about future interest rates, job and wage growth, population migration and widely projected downturn in the national housing market."