A recent report from the California Association of Realtors shows pending sales in the Bay Area dipped 11.6 percent between October 2016 and October 2015.And for California as a whole, the number of properties receiving multiple offers was down for the seventh straight month, from 63 percent to 59 percent. We’ll get the latest data on the region’s housing market, including where home and rental prices are heading in 2017.
Bay Area Housing Market Shows Some Signs of Cooling
52:40
A real estate agent tours a home for sale during an open house May 4, 2010 in San Francisco, California. (Photo: Justin Sullivan/Getty Images)
Guests:
Kathleen Pender, business columnist, San Francisco Chronicle
Selma Hepp, chief economist, Pacific Union International
Christopher Palmer, assistant professor, Haas School of Business at UC Berkeley
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