The national index has increased rapidly — the highest since June 2014 — and San Diego home values were among the top increases in the nation. According to Standard & Poor’s CoreLogic Case-Shiller Indices released in late November, values went up 8.2 percent from last September, and up 0.5 percent from August to September of this year.

CBS 8 reported that a value of 100 was assigned to the price of housing in 20 major real estate markets back in January 2000, looking at their rise and fall to create the indices. In September, the 20-city index was at 2035, up 6.2 percent for the year, and 0.4 percent for the month.

“Most economic indicators suggest that home prices can see further gains,” David Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices, explained. “Rental rates and home prices are climbing, the rent-to-buy ratio remains stable, the average rate on a 30-year mortgage is still under 4 percent, and at 3.8-month supply, the inventory of homes for sale is still low.” He added that the continued price increase was a “dark cloud” to prospective buyers, squeezing some out of the market.