Having Dropped, Pace of New Home Sales in the U.S. Inches Up
The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in July/August, has since dropped 14 percent to an annualized rate of 842,000…
Index for Bay Area House Values Inches Up, Condo Index Down
Having ticked up an upwardly revised 1.0 percent in October, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East…
Single-Family Home Inventory in San Francisco Jumps
With the number of homes on the market in San Francisco having started to tick up following a typical seasonal slowdown and culling of unsold listings at the end of…
Pace of Home Sales in the U.S. Inches Up, Mix Drives Median Up
Having slipped 2.5 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. inched up 0.7 percent in December to an annual rate of 6.76 million sales,…
Bay Area Employment Drops, Labor Force Down 123K
As we outlined last month, while the unemployment rate in San Francisco dropped in November, the number of people living in San Francisco with a paycheck (i.e., employment) was actually…
COVID-19 Case Rate and Hospitalizations in San Francisco Drop
On the positive news front, the average number of new COVID-19 cases diagnosed in San Francisco, which had climbed to a pandemic high of 371 per day two weeks ago,…
Asking Rents in San Francisco HODL, But…
Having dropped nearly 24 percent last year, the weighted average asking rent for an apartment in San Francisco has effectively held at around $3,100 a month over the past few…
Inventory Levels Start Ticking Back up, Poised To Climb
Having dropped at the end of last year with a typical culling of unsold listings and seasonal slowdown in play, along with nearly twice as many homes in contract than…
Office Vacancy Rate in the East Bay Nearing 16 Percent
With the office vacancy rate in San Francisco having ticked up to 16.7 percent, the vacancy rate for office space in the East Bay is now nearing 16 percent as…
Visualizing the Vacant Office Space in San Francisco
As we outlined yesterday, there is now nearly 14 million square feet of vacant office space spread across San Francisco, which is up from around 12 million square feet of…