A new model by UCSD predicts San Diego housing prices will drop by up to 18% in 2023. The model uses search data and online chatter to determine housing demand and forecast market prices.
SAN DIEGO – A new UC San Diego model predicted housing prices would fall as much as 18% in 2023. The model, which uses internet search data to forecast home prices based on consumer demand, shows that housing prices will decrease by 5% nationally and 12% in San Diego County.
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