California’s Job Market Picks Up Speed in July

With the latest increase, California has added more than 332,000 jobs over the last 12 months, which is about 10,000 more than created during the previous 12-month period. The state’s unemployment rate remained at 4.2 percent. The number of unemployed Californians totaled 807,000 in July, down by 104,000 on an annual basis. Read more on …

Bay Area Home Sales Activity in July

  Finally, More Bay Area Housing Inventory Arrives After 16 Months of Declines. Read more on the @bethanywpatten blog. Executive Summary: The Bay Area’s decline in home sales (including single-family and condominiums) improved in July, with only 3 percent less activity year over year after a 13 percent decline in June. Sales of homes priced above …