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Tuesday, August 16, 2011

San Francisco Home Sales Dip Deeper Than Usual

Sales fell more than usual from June - especially for homes above $500,000 - but edged higher than July last year, which was 2010's first month to lose the full force of homebuyer tax credits, a real estate information service reported.
A total of 6,887 new and resale houses and condos sold in the nine-county Bay Area last month. That was down 13.9% from 7,998 in June and up 1.7% from 6,773 in July 2010, according to San Diego-based DataQuick.
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