Archive for the ‘Market Conditions’ Category

Bay Area Home Sales Inch Higher in June

July 18, 2014 by Pacific Union

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New research says Bay Area home sales inched higher in June and price increases slowed, more evidence that our local real estate markets are moving beyond the frenzied activity of the past two years and settling into more normal patterns of steady growth

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California Home Price Gains Finally Leveling Off

July 17, 2014 by Pacific Union

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Home price increases in California are beginning to moderate, a sign that our state’s housing market is heading toward a more balanced condition. Here in the Bay Area, June price gains outpaced the state numbers on both a monthly and yearly basis.

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San Francisco-Area Annual Home Price Growth Slackens in April

June 26, 2014 by Pacific Union

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For the first time in more than a year, the pace of annual appreciation dipped below 20 percent, April’s S&P/Case Shiller Home Price Indices show. And year-over-year price growth also slowed from March to April in almost all of Pacific Union’s individual Bay Area regions.

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Bay Area Home Price Growth and Sales Volume Cool in May

June 18, 2014 by Pacific Union

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After several months of solid price and sales volume gains, real estate activity across the nine-county Bay Area slowed a bit in May, according to a just-released report from the California Association of Realtors. Even so, prices were still at their highest levels in nearly seven years.

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Home Sales, Inventory, and Prices All Rising in Oakland

June 17, 2014 by Pacific Union

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Oakland was one of just three U.S. metropolitan areas where the number of homes sold in May increased on an annual basis, a recent report shows. And East Bay home shoppers weary of tight inventory conditions will be glad to learn that the number of homes on the market is trending upward.

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How Close Are Bay Area Home Prices to Precrisis Peaks?

June 12, 2014 by Pacific Union

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Although the median price for a single-family home across the nine-county Bay Area is still short of its prerecession peak, some of our individual counties have already surpassed their all-time highs.

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Pacific Union’s May 2014 Real Estate Update

June 10, 2014 by Pacific Union

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This year’s busy spring season is shaping up to be even better than last for Northern California home sellers, with median prices up from May 2013 in each of Pacific Union’s nine regions. Get a comprehensive look at last month’s market activity in the Bay Area and Tahoe/Truckee region in our May 2014 Real Estate Update.

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Strong Economy Keeps Bay Area Home Prices Climbing, Bucking U.S. Trend

June 5, 2014 by Pacific Union

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Real estate analysts expect the rise in home prices to slow down over the next two years as U.S. housing markets return to a state of equilibrium, but the Bay Area may prove to be an exception.

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No Bubble in Sight Even as Chinese Buyers Help Fuel Bay Area Real Estate Prices

June 4, 2014 by Pacific Union

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All-cash purchases and international investors are helping drive Bay Area real estate prices to stratospheric levels, but current conditions don’t indicate a looming bubble, Pacific Union CEO Mark A. McLaughlin said in a recently televised interview.

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Bay Area Leads U.S. in 2014 Luxury-Home Sales Growth

June 3, 2014 by Pacific Union

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A recent Redfin study shows that three Bay Area regions are leading the U.S. in luxury-home sales growth this year. And a trio of San Francisco neighborhoods rank among the top 10 priciest luxury enclaves in the country.

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