Local News

San Francisco home prices softening

By January 9, 2020 No Comments
San Francisco was the only one of 20 cities in a monthly housing survey to see an annual decline in prices in October.

Home prices in San Francisco fell in October, compared with a year ago, according to the latest figures released by the S&P CoreLogic Case-Shiller Index.

San Francisco home prices slipped 0.4 percent compared with October 2018. Prices in Los Angeles and San Diego rose 2 percent and 2.9 percent.

Nationwide prices rose 3.3 percent in October. The highest gain among 20 cities in a composite index was 5.8 percent in Phoenix.

San Francisco was the only one of 20 cities in the composite index to see an annual decline in prices in October.