Pace of Existing-Home Sales Down Nearly 30 Percent Nationwide
Having plummeted nearly 18 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 9.7 percent in May to an annual rate of just 3.91…
Number of Homes on the Market in S.F. Continues to Climb
Having hit a 9-year high in the absolute last week, the number of homes on the market in San Francisco has continued to climb and now totals 1,140, representing 60…
Bay Area Unemployment Rate Drops with Labor Force Decline
Based on employment data through the second week of May, the estimated number of San Francisco residents with a paycheck has dropped by over 92,000 over the past three months…
Most Homes on the Market in San Francisco in Nine Years
While the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the ninth week in a row, there…
Number of Homes in Contract in S.F. Nearly Even YOY, But…
With purchase activity having started to rebound last month, the number of homes in contract to be sold across San Francisco is now back to within 5 percent of its…
Moratorium on Pandemic Related Evictions Made Permanent
The temporary moratorium on the eviction of tenants in San Francisco for the non-payment of rent from April through July, if formally documented as being due to the COVID-19 pandemic,…
Inventory Levels in San Francisco Nearing Another Milestone
With the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the eighth week in a row, there…
Pace of Home Sales in San Francisco Still Down
Having hit its pandemic driven nadir at the end of April, when pending home sales were down nearly 50 percent on a year-over-year basis in San Francisco, the pace of…
The Target Dates and Plan to Fully Reopen San Francisco
With restrictions on construction projects, residential moves and in-person showings of homes having been eased back at the end of April, at which point some outdoor facilities and businesses were…
Asking Rents in San Francisco and Oakland Are Down
Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since…