Bay Area home sales tank 10 percent in August — to the slowest pace in 7 years
September 27, 2018 at 13:52 PM EDT
Sales of Bay Area homes fell 10 percent in August to the slowest pace in 7 years. San Francisco itself saw sales fall 7 percent, as buyers hit an affordability wall. Despite the sales slowdown, the median price of a Bay Area home sold in August was up 12 percent compared with August 2017.