The Bay Area marked nine straight months of steadily rising home prices — the longest continuous run in seven years — according to the latest statistics from the Case-Shiller home price index.
Home prices rose 1.4 percent from October to November and were up 12.7 percent since November 2011 in the San Francisco metro area, which includes Alameda, Contra Costa, Marin, San Francisco and San Mateo counties.
Bay Area home prices recorded the second-highest annual growth rate in the nation, following Phoenix at 22.8 percent. Nationwide, prices in the 20 largest metro areas rose an average of 5.5 percent. Home Prices Keep Rising
The Bay Area marked nine straight months of steadily rising home prices — the longest continuous run in seven years — according to the latest statistics from the Case-Shiller home price index.
Home prices rose 1.4 percent from October to November and were up 12.7 percent since November 2011 in the San Francisco metro area, which includes Alameda, Contra Costa, Marin, San Francisco and San Mateo counties.
Bay Area home prices recorded the second-highest annual growth rate in the nation, following Phoenix at 22.8 percent. Nationwide, prices in the 20 largest metro areas rose an average of 5.5 percent. About the Author: John C Fitzgerald
