Underlying economic dynamics - interest rates, inflation, financial markets, employment - remain on the same general tracks as in recent months.
The Consumer Confidence Index jumped in July, hitting its best reading since October 2021: The Index is now about halfway between its historic low in June 2022 and the pre-pandemic reading in February 2020.
In Marin, the y-o-y price decline plunged from 14% in April to 7% in July. Based on current trends, it will probably continue to dwindle, and possibly disappear, in the second half of the year.
The first 2 charts review first annual home prices for a broad review of appreciation trends, and then 3-month-rolling prices for insight into shorter-term changes. This report also includes a review of home prices and market dynamics of submarkets within the county.
As always, reach out to our team if you have any questions, we're here to help.
