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The Rising Price of Housing

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 (Justin Sullivan/Getty Images)

The price of Bay Area rentals and for-sale homes rose sharply last month, by as much as 16 percent in some areas. San Francisco ranked as the second-healthiest housing market in America, according to the real estate site Trulia. Why are prices rising, and how are costs affecting Bay Area residents?

Guests:

Jed Kolko, chief economist for Trulia and author of the new Public Policy Institute of California report, "Business Relocation and Homegrown Jobs"

Carolyn Said, staff writer covering economics and real estate for The San Francisco Chronicle

Rick Turley, president of Coldwell Banker for the San Francisco Bay Area and a real estate agent for 25 years

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