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Tribune News Service
Tribune News Service
Business
Ethan Varian

Now tech layoffs are slowing Bay Area housing market as prices fall even more

Add tech company layoffs to the list of headwinds facing California's Bay Area housing market.

Rising mortgage rates, recession fears and a volatile stock market have all tamped down home sales and prices in recent months from record-setting pandemic highs.

Now, entering the traditionally slow winter real estate season, growing uncertainty in the region’s leading industry is giving would-be buyers another reason for pause.

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