Demand for California homes remains high as the traditionally busy spring season begins, with more than two-thirds of 2018's top markets for sellers located in the state.
Tag Archive: California Association of Realtors
The Bay Area posted double-digit percentage point annual home price gains last month, with five local counties setting new record peaks due to continually shrinking inventory conditions.
Bay Area real estate markets began 2018 on a familiar note, with supply constraints pushing up home prices and forcing more buyers to inland counties.
The Golden State's housing affordability crunch has reached the point where even well-compensated software engineers at some of the biggest tech companies could have trouble purchasing a home.
Less than one in three Californians could afford to purchase a home in the fourth quarter, with affordability conditions declining in every Bay Area county from one year earlier.
Bay Area home sales and inventory dropped year over year in January, while prices rose by double-digit percentage points. Get an in-depth analysis of the latest market conditions from Pacific Union Chief Economist Selma Hepp.
America's housing market had its best year for sales in more than a decade in 2017, despite the tightest supply conditions on record.
The supply of homes for sale declined on a both a monthly and yearly basis in California and the Bay Area in December, pushing prices up by double-digit percentage points in seven of nine local counties.
Stubbornly low supply conditions did not improve in California or the Bay Area on an annual basis in November, pushing prices up by double-digit percentage points in six local counties.
The median sales price in the Bay Area was up by double-digit percentage points year over year in November. Get a deep dive into the latest market conditions in a new analysis by Pacific Union Chief Economist Selma Hepp.
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