Pent-up Supply in San Francisco Turns into Record Glut of Houses & Condos for Sale. Prices Weaken | Wolf Street
Active listings in San Francisco skyrocketed by 137% year-over-year to 1,995 homes for sale in the week ended August 16, based on weekly data compiled by real-estate brokerage Redfin, from Multiple Listing Service (MLS) and Redfin s own data. This is the biggest highest most stunning amount of inventory for sale since the very peak of Housing Bust 1 (chart via Redfin):
via wolfstreet.com
What about San Diego?