An insufficient supply of homes to meet buyer demand pushed up home prices in most California real estate markets in October, with the nine-county Bay Area posting its second straight month of double-digit percent annual gains. Get the details at http://pacunion.us/2zZwCnF
STRONG ECONOMY SHOULD CONTINUE TO PUSH UP BAY AREA HOME PRICES
Bay Area home prices are already out of reach for many residents, and that appears unlikely to change barring an unforeseen economic catastrophe.
That’s according to National Association […]
Available homes across the Bay Area were even harder to come by this May than they were last spring, with the months’ supply of inventory (MSI) dropping from one year ago in all of Pacific Union’s regions except Lake Tahoe/Truckee. Meanwhile, the median sales price reached yearly highs in four of our Bay Area regions. […]