In July, home prices rose 0.5%, declining 3.8% year over year, according to First American’s Real House Price Index. According to First American’s data, unadjusted house prices sit 7.4% above the housing boom peak. Whereas consumer buying power ticked up 0.5% between June and July, increasing 12.2% year over year. This means when consumer house-buying power is factored in, home […more]
Posted in: San Francisco
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