Home prices in San Diego declined in July for the third month in a row amid a nationwide slowdown in the housing market, according to the authoritative Case-Shiller Index released this week.

Prices for single-family homes fell by 0.66% in July, following a 0.32% drop in June and 0.08% decline in May.

Year-over-year, San Diego homes were worth 0.66% less, or $6,600 on a $1 million home. Across the nation prices fell by 0.16% in July but were still higher year-over-year.

“The high-cost Western markets continue to struggle: San Francisco is –1.9% year-over-year, San Diego is –0.7%, and Los Angeles is essentially flat at +0.2%,” said Nicholas Godec of S&P Dow Jones Indices.

But while many parts of the country are still showing small price increases, the national average was less than the 2

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