Zillow says housing market is cooling, even in Bay Area


3d506 calveymarkps%2A112 Zillow says housing market is cooling, even in Bay Area




3d506 front 5%2A220xx2900 1631 0 142 Zillow says housing market is cooling, even in Bay Area Sponsor Listing



Zillow’s latest figures show that the nation’s housing market is cooling off, even the white-hot Bay Area.

The national housing market is slowing down, with home values showing the first monthly drop since the market began recovering four years ago, according to the real estate data company’s report for July.

San Francisco, San Jose, Denver and Dallas are still tallying double-digit year-over-year home value increases, but even those hot markets are seeing a pullback in their pace of appreciation from June, Zillow said.

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