The number of homes and condos sold in the nine-county San Francisco Bay Area fell 3.9 percent in October from a year ago, a level that’s 11.2 percent below the historic average for the month.
The San Francisco Chronicle said despite the decrease in sales, to 7,595 homes and condos, price appreciation has continued in the “overheated” market.
Source: sfgate.com. – See more at: http://www.inman.com/wire/overheated-san-francisco-market-cools-off/#sthash.wedGnhiY.dpuf