San Francisco Bay area lifts California home prices in April

May 18, 2016 7:49 PM

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SAN DIEGO (AP) — Record highs in the San Francisco Bay area helped lift California home prices last month to their loftiest levels since September 2007, a research firm said Wednesday. Sales were soft.

The median home price in the nine-county Bay area hit $686,000, surpassing its peak in 2007, according to CoreLogic Inc., which has tracked data since 1988. San Francisco County notched its highest-ever median price at $1.3 million, while nearby Santa Clara and Alameda counties also posted record hi...

Also read: U.S. Existing Home Sales Fell in April

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