Category Archive: Market Conditions

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California Home Prices Climb to 9-Year High in April

The median California home price rose in April to a level not observed since the last housing boom, the result of continued inventory shortages. Here in the Bay Area, more homebuyers priced out of the region's suburban counties are turning to the more affordable Central Valley as an alternative.

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Pacific Union Quarterly Report: Q1 2016

Whether you're planning to buy or sell a home in the Bay Area or the Lake Tahoe region this spring, it's crucial to arm yourself with the latest market data. Pacific Union's comprehensive first-quarter 2016 report provides all of the most important statistics, plus expert commentary from our executives and chief economist.

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Most Bay Area Counties More Affordable Than Historic Levels

Even with the run-up in home prices over the past few years, the majority of Bay Area counties are still more affordable than their historic normal levels. However, home price growth is outpacing wage growth on an annual basis, which doesn't bode particularly well for affordability improvements.

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