California Cities are starting to lose steam in Appreciation.

[James Park]

Home prices in San Francisco dropped 46.1% from the last peak May 2006 to March 2009. Currently prices are at 3.4% above the last peak price of May 2006 but appreciation from January - August 2016 is 1.6%.

Home prices in Los Angeles dropped 41.9% from the last peak Sept 2006 to May 2009. Currently prices are at 8% below the last peak price of September 2006 but appreciation from January - August 2016 is 2.0%.

Home prices in San Diego dropped 42.3% from the last peak Nov 2005 to April 2009. Currently prices are at 9% below the last peak price of November 2005 but appreciation from January - August 2016 is the same as San Francisco at 1.6%