With only a handful of homes having been newly listed for sale over the past week and the seasonal culling of unsold listings – most of which are likely return to the market as “new” in the new year – having peaked, the number of homes officially listed for... Read More »
Having slipped 1.7 percent in October, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 1.2 percent in November to 108.5. As such, the pace of new contract signings across the U.S. is now running 7.4 percent higher... Read More »
Having peaked at an 8-year high in October, the number of homes on the market in San Francisco has since dropped 40 percent and is now running 13 percent lower than at the same time last year, driven by a combination of normal seasonality, a slowdown in new listing... Read More »
Having ticked up 1.5 percent in September, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 1.7 percent in October to 106.7. On a year-over-year basis, however, the pace of new contract signings across the U.S. is running 4.4... Read More »
The share of homes currently listed for sale in San Francisco that have undergone at least one price reduction has ticked up to 32 percent, which is 5 percentage points higher than at the same time last year and the highest percentage of listings with an official price cut... Read More »
Having ticked up 1.6 percent in August, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up another 1.5 percent in September to 108.7. As such, the pace of new contract signings across the U.S. is now 3.9 percent... Read More »
Having dropped 9.0 percent on a year-over-year basis in August, recorded home sales in San Francisco are poised to drop again in September. And that’s despite the fact that September home sales in San Francisco were the lowest in over 15 years in 2018. In fact, if recorded sales... Read More »
With the number of homes newly listed for sale over the past week having outpaced the number of new contracts written, the inventory of homes on the market in San Francisco has ticked up one (1) percent to 1,040, which is 8 percent higher than at the same time... Read More »
Having hit an 8-year high last month, the number of homes on the market in San Francisco has since ticked up another 5 percent to 1,030, which is 6 percent higher than at the same time last year. While the year-over-year gain in inventory levels is still being driven... Read More »
While the number of homes that have traded hands in San Francisco since the start of the year is currently running at an eight-year low, pending sales activity in the city has just inched up on a year-over-year basis for the first time in five months. When we say... Read More »
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