Buyer demand continued to rebound from the depths of the mid-winter slowdown: The number and percentage of listings going into contract, and…

The impacts of this year’s severe economic headwinds - soaring inflation and interest rates, stock market declines, fears of recession - on Bay Area real estate markets are speeding up.

In April 2022, the Bay Area continued to see appreciation, overbidding and days-on-market reflecting extremely intense demand.

Soaring interest rates & housing costs; continuing strong demand, low inventory of listings & high market velocity