Housing Affordability Index – Percentage of households who can afford to buy a median-priced home. California housing affordability dipped down to 28 percent in the third quarter of 2017.
California pending home sales stalled for the third straight month in September. Bay Area is down 11% YTY to 136. Southern CA is down 8% YTY to 92. Central Valley YTY is unchanged at 110.
California housing market eases into fall homebuying season, increasing 1.7 percent from last year. San Francisco Bay Area’s median price of single family homes was $813,520 increasing 5.6 percent from last year. Sales in the Bay Area decreased 4.2 percent
California home sales continues to climb in July as homes sales increase 0.9 percent from last year. In the San Francisco Bay Area, the median price of single family homes was $898,880 increasing 10.9 percent from last year. Sales in
California home sales continued to climb in June as homes sales increase 2.4 percent from last year. San Francisco Bay Area’s median price of single family homes was $908,740 increasing 7.9 percent from last year. Sales in the Bay Area
California home sales bounce back in May as homes sales increase 2.6 percent from last year. San Francisco Bay Area’s median price of single family homes was $899,730 increasing 6.0 percent from last year. Sales in the Bay Area increased
After a solid start to the year in closed escrow sales, low housing inventory, eroding affordability, and rising interest rates mildly pulled back pending sales on a year-over-year basis in February.
After starting the year on a positive note in January, home sales and median price backpedaled on a monthly basis in February, but still showed strong gains on a yearly basis. Home sales totaled 400,500, down 4.7% from January and
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California’s housing market started the year on a high note, following up on December’s strong showing with higher sales both on a monthly and yearly basis in January. Up 2.1 percent from December and 4.4 percent from January 2016.