- Home sales declined by 17.2 percent in California from September 2017, while the Bay Area and Southern California saw activity decrease by a respective 18.9 percent and 17.7 percent.
- Slowing home sales reflect diminishing affordability and less buyer urgency rather than reduced demand.
- The Bay Area saw the slowest annual appreciation in 15 months in September, while Southern California’s price growth was the lowest in more than three years.
September home sales in the Golden State fell to an 11-year low for that particular month, though a lack of buyer demand was not the culprit. Read full article @elizabethGkilgore
#bayarea #GoldenState #California #luxuryrealestate #realestate #elizabethGkilgore #compass #egk415
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