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Published 2 years ago

Housing trends: Prices buckling in San Francisco; rent competition heats in key markets

Summary by Ground News

The median house price in the city dropped 3% from a year earlier to $1.89 million in June. The latest price was still 20% above the level in March 2020, when Covid-19 lockdowns began. San Francisco has been hit particularly hard by a slow return of office workers after the pandemic.

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Housing trends: Prices buckling in San Francisco; rent competition heats in key markets

San Francisco has been hit particularly hard by a slow return of office workers after the pandemic and residents departing for cheaper cities.

2 years ago·Orange County, United States

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