San Francisco bay area home sales decline 40%, Dataquick says – Bloomberg

A headline currently crossing.

Posted in * Economics, Politics, Economy, Housing/Real Estate Market

4 comments on “San Francisco bay area home sales decline 40%, Dataquick says – Bloomberg

  1. Juandeveras says:

    It’s home SALES not home PRICES.

  2. Kendall Harmon says:

    Yes, indeed–still quite a drop.

  3. Harvey says:

    If the prices are high then the sales will fall. Is this not an economic truth???

  4. rob k says:

    No. 3 – Hasn’t really happened yet. One would think so, but this serves as an illustration that the “Free Market” is not an automatic mechanism.