He examines the latest housing data from CoreLogic to break down the region's housing market. Scheinin writes:
Prices still edged upward on a year-over-year basis. The median sale price for the nine counties was $700,000, up 6.3% from a year earlier, though marginally down from June's record high of $710,000.
The typical new mortgage payment for Bay Area buyers in July was $2,496, down from $2,530 in July 2015.