San Francisco Bay Area Housing Prices: Largest Drop on Record

Housing prices in the San Francisco Bay Area dropped 7% from May to June 2022, their largest drop on record since records have been kept starting in 1990, amid an exodus from the troubled city, economic uncertainty, and rising interest rates.
The San Jose Mercury News reported:

What’s behind the record price drop? Real estate experts point to rising interest rates squeezing buyers, more homes staying longer on the market and an increasingly uncertain economy — all signaling the Bay Area housing market may have peaked after prices hit all-time highs earlier this year.…
In the core Bay Area, Alameda County saw the …
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