Moderated Bay Area Home Sales, Rising Prices Echo National Trends

SAN FRANCISCO—Home sales, both multifamily condo and single-family, are holding strong amid some bumpiness, including a pause ahead of the November election. Redfin’s October research reported US median home sale prices increased 15% year-over-year to $320,625, the highest on record.

In the week ending October 18, home prices were up 16% from the same week a year earlier. Rising sales and prices, rebounding from earlier drops mirroring the pandemic, are bouncing back in counter-trend to declines reported in same-period numbers of 2018 and 2019. Condo prices rose 5.4% in August.

San Francisco echoes many US markets in the dichotomy of upper-end product versus entry-level housing. Compass research shows single-family prices rose 5.2% to $1.66 million from $1.5 million last year.

Moreover, the average price for San Francisco condos was $1.2 million year-to-date, an 8% drop from $1.3 million in 2019 but still above 2018’s $1.1 million. The biggest reason condo

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Amazon Echo Dot (2020) review: Wait for a sale

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Amazon is switching up the design for its most popular smart speaker.


Chris Monroe/CNET

2018’s third-gen Echo Dot has been one of the best smart speakers in the short history of smart speakers. Its combination of a clever voice assistant and impressive hardware packed into a tiny device with an even tinier price made it wildly and understandably popular (in sheer number of buyer reviews, it dwarfs every other Echo device on Amazon’s online store).

Now, Amazon’s new Echo Dot faces a problem. It’s a solid smart speaker and an easy entry point into the market, but it’s competing with 2018’s still-excellent Dot, which has seen prices in recent weeks as low as $19. And on the other end of the price spectrum, Amazon’s new $100 full-size Echo represents a serious upgrade in sound quality and smart home control.

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  • Improved sound quality
  • A fresh design without added bulk
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In Echo of Toronto, Condos Start Flooding the Market in Montreal

(Bloomberg) — It’s not just Toronto. Montreal is seeing a flurry of condos being put up for sale, suggesting the city’s housing boom may be fading as the effects of the pandemic start to bite.

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New condo listings on the island of Montreal were up 72% in the third quarter, the biggest annual increase in 17 years, according to data from the Quebec Professional Association of Real Estate Brokers. The greater Montreal area recorded a 61% jump.

A vibrant economy, steady flows of immigrants and affordable home prices compared with Toronto turned Quebec’s biggest city in a hot market in recent years. Now both cities are suffering from side effects of the Covid-19 crisis: Immigration has slowed, depressing the rental market in city centers, while some people who are doing their jobs from home are seeking more space in the suburbs.

Read more: Condo Listings Surge 215% in

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