Bay Area real estate prices continue to decline

For the sixth straight month, Bay Area real estate prices declined according to the most recent report by CoreLogic. The median price for a new or existing home or condo in the Bay Area in August was $810,000, down 0.7 percent from July and down 2.4 percent from August 2018.

In addition, the total number of sales in August also declined with 7,247 transactions down 2.3 percent from July and down 5.7 percent from August 2018.

Still, affordability remains a big problem in the Bay Area.

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