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Los Angeles homebuyers take two steps forward and one step back
Executive Summary Total home sales in the greater central Los Angeles area were 2 percent below last May, following April’s upwardly revised 2 percent year-over-year increase. Sales between $2 million and $3 million saw a 6 percent jump compared to last May, the first year-over-year increase following six months of double-digit declines, driven by East …
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Compass May 2019 Bay Area Real Estate Update
While overall Bay Area pace of sales in May still trends 2 percent below last year’s levels, some regions are starting to see sales pace pick up ahead of last year. Sales below $1 million are up for the second month in a row after more than 20 months of annual declines. CONTRA COSTA COUNTY …
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Plenty of Bay Area buyers, but why are they hesitant?
Executive Summary: While April’s momentum is slightly slower in May, May sales are still only 2 percent below last year’s highs after double-digit declines earlier in the year. Home sales momentum remains solid in East Bay. Napa sales finally jumped 6 percent after a 6-month losing streak, averaging 20 percent annual declines. Affordable sales picked …
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Chris Swim & Tracy Keaton
