CFAH

Articles Filed Under: East Bay

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Index for Bay Area House Values Inches Up, Condos Slip

Index for Bay Area House Values Inches Up, Condos Slip

Having ticked up an upwardly revised 1.3 percent in September, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up another 0.9 percent in October for a year-over-gain of 7.7 percent... Read More »

A Misleading Drop in the Bay Area Unemployment Rate

A Misleading Drop in the Bay Area Unemployment Rate

Despite the unemployment rate in San Francisco having declined from 6.7 percent in October to 5.7 percent in November, the number of people living in San Francisco with a paycheck actually dropped by 6,600 last month to 534,100, which is 44,000 fewer employed residents than at the same time... Read More »

Bay Area Stay Home Order Has Been Triggered

Bay Area Stay Home Order Has Been Triggered

The ICU availability for the greater Bay Area Region just dropped to 12.9 percent, triggering a Regional Stay Home Order which will go into effect on Thursday, December 17 at 11:59PM and will remain in effect until at least January 8, 2021. As such, interhousehold gatherings of any size,... Read More »

More Apartments on the Market in San Francisco and Oakland

Despite the fact that the average asking rent for an apartment in San Francisco has dropped 24 percent since the end of February and the average asking rent for a one-bedroom is back under $2,700 a month for the first time since 2012, listing activity for available units continues... Read More »

Bay Area Unemployment Claims Dropped in October, But…

Bay Area Unemployment Claims Dropped in October, But…

Having spiked to 281,462 in September, the number of new unemployment claims filed across the Bay Area dropped 17 percent to 232,908 in October but was still higher than in May, June, July or August and prior to two rounds of pandemic driven reopening rollbacks last month. And in... Read More »

Index for Bay Area House Values Ticks Up, Condos Down

Index for Bay Area House Values Ticks Up, Condos Down

Having inched up an upwardly revised 0.9 percent in August, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked up 1.0 percent in September for a year-over-gain of 6.0 percent in... Read More »

Bay Area Re-Employment Jumps, Labor Force Rebounds

Bay Area Re-Employment Jumps, Labor Force Rebounds

Having sputtered in September, the number of people living in San Francisco with a paycheck jumped by 25,400 last month, driving the unemployment rate, which had been averaging around 2 percent prior to the pandemic but jumped to 12.6 percent in April, back down to 6.9 percent. That being... Read More »

New Spike in Bay Area Unemployment Claims

New Spike in Bay Area Unemployment Claims

As we noted last month, the rebound in Bay Area employment has sputtered. And in fact, the number of new unemployment claims filed across the Bay Area, which had been on the decline since peaking at 441,813 in April, spiked anew to 281,462 in September, which was up 57... Read More »

Index for Bay Area Home Values Inches Up and Down Again

Index for Bay Area Home Values Inches Up and Down Again

Having ticked up an upwardly revised 1.1 percent in July, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.8 percent in August for a year-over-gain of 4.1 percent versus... Read More »

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

While asking rents for an apartment in San Francisco have been on the decline since the start of the year, a decline which was amplified by the pandemic and really accelerated in May, rents in Oakland mostly held firm through June, at which point the weighted average asking rent... Read More »