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The Bay Area housing market is flashing a key warning sign

Summary by Ground News
The average sale-to-list percentage in the San Francisco metro area was 99.2% in December. It was the first time that metric has dropped below 100% since February 2012. The Bay Area was the hottest pre-pandemic housing market in the country with the fastest price growth.

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SF ChronicleSF Chronicle
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The Bay Area housing market is flashing a key warning sign

For the first time since 2012, the average home in the San Francisco metro area is selling for less than its asking price, according to real estate listings.

·San Francisco, United States
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Bias Distribution

  • 100% of the sources lean Left
100% Left
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SF Chronicle broke the news in San Francisco, United States on Thursday, February 9, 2023.
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