Leaning into Market Headwinds, Year-over-Year Appreciation Rate Falls. The impacts of this year’s severe economic headwinds – soaring inflation and interest rates, stock market declines, fears of recession – on Bay Area real estate markets are speeding up. The first effect was on buyer demand (fewer buyers, offers and listings into contract), leading to changes in supply (more homes for sale, more price reductions), which began to alter buyer and seller psychology and the balance of power between them.

 

 

 

 

The post San Francisco Home Prices, Market Conditions & Trends August 2022 first appeared on Paragon Specific.