A new study shows that San Francisco home prices declined last month for the first time in four years, prompting speculation that skyrocketing prices may finally be slowing. Although housing prices are still among the highest in the country, the median home price in March dropped 1.8 percent to $1,042,500, according a study by Redfin, a real estate brokerage firm. Sales also nosedived 22.1 percent, while inventory experienced a 4 percent boost.
from Real Estate Insider by Leon De-Levi, Pacific Union International http://ift.tt/1XQcarq
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