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RSS FeedsBay Area home prices near record $1 million amid Covid crisis
(WorldNews Entertainment)

 
 

18 january 2021 16:49:47

 
Bay Area home prices near record $1 million amid Covid crisis
(WorldNews Entertainment)
 


Bay Area home prices climbed to near-record levels in November, touching nearly $1 million as suburban properties lured buyers with ample space and worry-free, bedroom-to-home-office commutes. Buyers drove up median prices 17 percent to a staggering $995,000, snapping up single-family homes in the suburbs at a fast pace even during the start of the holiday season and deepening COVID pandemic. The eight-county mark topped the $982,000 October median. Alameda County has not reported complete home sales data for October or November. Record-low interest rates, dipping below 3 percent, and strong demand for more remote workspace have propelled the Bay Area home market through the economic and...


 
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