Market Update | Apr 8
April 9, 2026
April 9, 2026
Top Headlines: Delivered by Advisory • Leonard Steinberg
April 8, 2026
1. San Diego Housing Supply Shows Gradual Improvement
Inventory across San Diego is gradually building, with active listings up year-over-year according to the California Association of Realtors—creating a more balanced environment while maintaining pricing stability.
For buyers and sellers, it’s a healthier setup: more choice, with continued demand supporting well-positioned homes.
Recent reports from Surfline show a run of consistent spring swell lining up along the San Diego coastline.
Breaks around Encinitas and Del Mar have been seeing clean morning conditions with lighter winds—setting up reliable early sessions.
It’s the kind of steady pattern that defines this time of year along the coast.
4. Mortgage Rates Holding a More Stable Range
After periods of volatility, mortgage rates have settled into a more consistent range in recent months.
Data from Freddie Mac shows weekly rate movement narrowing, helping buyers better plan and move forward with more clarity.
Stability—even more than lower rates—is what tends to bring people back into the market.
Photo by Del Mar Thoroughbred Club
5. Del Mar Race Season Returns This Summer
The Del Mar Thoroughbred Club returns in July with a full summer meet, including Opening Day and the Pacific Classic—events that continue to draw strong attendance each season.
The season consistently drives activity across dining, hospitality, and retail, marking one of the most active times of year in Del Mar.
Del Mar Plaza • Photo by Brixton Capital
6. San Diego Tourism Outlook Remains Strong Into Spring
San Diego continues to see steady visitor demand heading into spring, supporting local businesses across hospitality, retail, and dining.
According to San Diego Tourism Authority, coastal areas and walkable neighborhoods are seeing consistent activity, with events and seasonal travel helping maintain momentum.
For the broader market, it reinforces what makes San Diego hold its value—lifestyle, climate, and year-round appeal.