Housing Market Slump May Reverse Course in Summer of 2008

KPBS | By KPBS Public Broadcasting

Published May 3, 2007 at 3:30 PM PDT

This story was published more than 16 years ago.

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Consumer confidence has significantly dropped in San Diego, and it's tied to the major slump in the housing market. But one economic think tank is predicting that home prices may begin climbing back u

Consumer confidence has significantly dropped in San Diego, and it's tied to the major slump in the housing market. But one economic think tank is predicting that home prices may begin climbing back up as soon as the summer of 2008.

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Dean Calbreath , business writer, San Diego Union-Tribune.