NorCal Monthly Market Insights Report: May 2022

May 2022 Monthly Market Insiight Report with silhouette of runners at sunet

It is our pleasure to bring you the NorCal Monthly Market Insights Report for May. As of May 5, mortgage rates were up 69 percent in 2022, inflation is at a 40-year high, and stock markets are significantly down. The housing market is beginning to show preliminary, but not universal indications of cooling. Less crowded open houses and fewer offers on new listings are becoming more …

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