Economists generally believe there should be a rational equilibrium in the cost of housing of different housing types. But after the pandemic hit, supply and demand shifted dramatically: SF median house prices are now up 13%, condo prices are flat, and rents down 17%. However, in 2021 all 3 have been rebounding in close to parallel trend lines.
The post San Francisco September 2021 Report: Sales, Prices, Trends first appeared on Paragon Specific.