A report from the San Francisco Chronicle in California. "Bay Area home prices stalled out for a second straight month in April. 'We are seeing more price reductions, more contingent sales, we are not having the spring we had last year,' said Joan Ulibarri, a Compass real estate agent on the Peninsula."

"Compass agent Virginia Supnet put it another way. 'Buyers are being a lot pickier,' she said. 'They’re getting their sanity back.'"

"Supnet has a listing on Miramar Drive in Half Moon Bay that’s been on the market since December. After two price drops, it’s listed at $2,390,000, with 4,140 square feet of space, ocean views, a home theater, gym and wine cellar. 'People love it,' she said, 'but it’s either not in their price range or they could afford it but they think, ‘Do I really need all this space?’"

"'There are more active listings, a lot more to choose from' in the Bay Area, said Jordan Levine, the association’s deputy chief economist. There has also been a shift in the mix of sales, with fewer high-end sales and more entry-level sales. That puts downward pressure on the median price, which is the price at which half of homes sold for more and half for less."

"According to the California Association of Realtors, the median price paid for an existing, single-family home in April fell 2.2% year-over-year in the Bay Area."

The Bay Area Newsgroup. "The weakness in prices for previously owned residences surfaced in six of the nine Bay Area counties during April, compared with April 2018, according to the CoreLogic report."

"Median prices for re-sold homes fell in Santa Clara County, Alameda County, Contra Costa County, Marin County, San Francisco, and Sonoma County. The worst home price decline surfaced in Santa Clara County, where median prices lurched 7.7 percent lower, CoreLogic’s report revealed."

"Double-digit declines in sales occurred in Santa Clara County, Sonoma County, and Contra Costa County in April compared with the year before."