AUGUST 2014 MARKET TRENDS

08/19/2014

Although low supply and tight credit standards are still hurdles to recovery, prices continue to rise in most local areas. Job growth has strengthened lately, but wage growth has not kept pace with the price gains we have seen. Buoyed by stable and continuously lower interest rates, affordability is still historically high.

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    Anne Herrera
    Sotheby's International Realty
    117 Greenwich Street
    San Francisco, CA 94111

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