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  • Pace of Home Sales in San Francisco Drops July 15, 2024
    The number of single-family homes and condos in contract to be sold across San Francisco has dropped around 15 percent over the past month, including a 6 percent drop in the seasonally adjusted pace of sales over the past two weeks. At the same time, the average asking price per square foot of the homes […]
  • Asking Rents in San Francisco Are Ticking Up, But… July 12, 2024
    As we outlined at the end of May, asking rents in San Francisco were actually trending up, having ticked up two months in a row. And having ticked up another 2 percent over the past month, the weighted average asking rent for an apartment in San Francisco is now back over $3,500 a month. That […]
  • Benchmark Mortgage Rate Poised to Inch Down July 11, 2024
    The average rate for a benchmark 30-year mortgage inched down 6 basis points (0.06 percentage points) over the past week to 6.89 percent, which is 7 basis points lower than at the same time last year, representing the first year-over-year drop in the 30-year rate in nearly 3 years, according to Freddie Mac’s mortgage rate […]
  • Asking Rents in Oakland Tick Up, Down Year-Over-Year July 10, 2024
    Having ticked back over $2,300 at the end of May, the average asking rent for an apartment in Oakland has since ticked up a percent to $2,360 a month but remains 7 percent lower than at the same time last year, 12 percent lower than prior to the pandemic having hit, and 21 percent below […]

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