Pace of New Home Sales Drops, Inventory Hits a 12-Month High
While up nearly 50 percent on a year-over-year basis from its pandemic low, the seasonally adjusted pace of new single-family home sales in the U.S. has dropped 13 percent since…
Pace of Sales Slows, Inventory Levels Tick Up in San Francisco
With the number of single-family homes and condos that were newly listed for sale in San Francisco having outpaced the number of new purchase contracts that were written over the…
Home Sales in the U.S. Continue to Drop, Inventory Ticks Up
Having dropped to a 6-month low in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.7 percent in April to an annual rate of 5.85…
Asking Rents in Oakland Inch Up, But…
Having slipped back under $2,300 a month a few weeks ago, the weighted average asking rent for an apartment in Oakland has since inched up around 2 percent to a…
Number of Homes on the Market in San Francisco Ticks Up
Having inched up 2 percent last week, the net number of homes for sale across San Francisco has since ticked up another 4 percent to around 920, which is 10…
Apartment Rents in San Francisco Appear to Have Bottomed
Having continued to inch down last month, the weighted average asking rent for an apartment in San Francisco appears to have bottomed at around $3,050 a month, down around 25…
Number of Homes for Sale in San Francisco Inches Up
Having ticked down 2 percent last week, the net number of homes for sale across San Francisco has since inched back up 2 percent to around 880, driven by a…
Benchmark Mortgage Rate Inches Down to 2.96 Percent
Despite concerns that Treasury Secretary Janet Yellen’s recent comments hinted at the need for the Fed to raise rates sooner rather than later, in order to keep the economy from…
Asking Rents in Oakland Slip, Implied Vacancy Inches Up
Having inched up a little under 2 percent at the end of the first quarter, the weighted average asking rent for an apartment in Oakland has since inched down a…
Pace of Home Sales in S.F. Slows, Pending List Price Down
The net number of single-family homes and condos in contract across San Francisco dropped around 6 percent over the past week, representing the second straight week-over-week decline at a time…