The median price of a San Francisco Bay Area home sold last month fell slightly compared to the prior-year period, marking the first annual drop since the bottom of the last housing crash, seven years ago, according to CoreLogic.
In March, the median price was $830,000, down 0.1% compared with March 2018. The decline came as price gains had been shrinking for several months. Before last month, the median sale price had risen annually for 83 consecutive months since April 2012. Both May and June 2018 had the highest ever median sale price: $875,000.
Sales of San Francisco homes – including Alameda, Contra Costa, Marin, Napa, Santa Clara, San Francisco, San Mateo, Solano and Sonoma counties – were nearly 15% lower in March compared with a year ago. That was the lowest March reading in 11 years. Sales have been at 11-year lows since December and have fallen on a year-over-year basis for the past 10 months.
I smell....shit
mr_jettlife
and they will keep falling, home price have been dropping all around the planet.
Great !! now 2% of the population can afford to live there
Hmm....I wonder if the poo had anything to do with this? 💩