Weekly Real Estate Update

Home Prices Rise in All Nine Bay Area Counties in July

The Bay Area's prolonged inventory drought again pushed prices higher last month, with more appreciation forecast throughout the second half of 2017. Get the latest facts and figures at http://pacunion.us/2im2Od6

 

China Formalizes Restrictions on Capital Outflow

Recently, China formally enacted restrictions on capital outflows. Pacific Union Chief Economist Selma Hepp examines the potential impacts of these regulations on Chinese investment in U.S. and California real estate. Her report is online exclusively at http://pacunion.us/2g4ny8B

 

California, Bay Area Pending Home Sales Continue to Decline in July

Tight inventory conditions and worsening affordability again stifled pending sales in California last month, which may indicate a slower-than-usual fall for home sales. Read more at http://pacunion.us/2ivTMum

 

Annual Home Price Growth Recorded in 9 of 10 U.S. Metro Areas

A limited supply of homes isn't just a challenge here in California and the Bay Area; it’s a nationwide issue, and it helped push the national median sales price to another new high in the second quarter. For details, go to http://pacunion.us/2g7AdYA

 

Real Estate Roundup: Bay Area Suburb Continues Its Run as Hottest U.S. Real Estate Market

For the seventh straight month, a suburban Bay Area city has been named America's hottest real estate market. And closer to the region's urban core, Uber has announced that it may be scrapping all plans for its Uptown Oakland office. Get these and other stories of note in Pacific Union's latest Real Estate Roundup. It’s online at http://pacunion.us/2gedgTl