October 30, 2012

Bay Area housing market rebounding

Bay Area home sales continued to rebound in August, with the best numbers for the month in six years, according to the real estate information service DataQuick.

During the month, 8,579 homes were sold in the region, a 14 percent increase over the same month last year.
The mean price also increased, moving up 11 percent to hit $410,000.

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