14 hrs ago
The Numbers: New Record: Average SF Luxury Home Price Soars to $3.3M
The Prestige Home Index , compiled by San Francisco-based First Republic Bank, has tracked the average price of "luxury homes" for nearly 30 years, since 1985. Currently, the index defines a luxury home as one priced over $1 million, but of course that is now just the median price of a San Francisco property .
San Francisco luxury homes hit record price tag of $3.3 million
Katherine August-deWilde, president of San Francisco-based First Republic Bank, says several factors are contributing to the Bay Area's luxury homes hitting a record price in the second quarter. The average luxury home in the San Francisco Bay Area reached an all-time high of $3.3 million, according to First Republic Bank's Prestige Home Index.
First Republic Bank Given Average Rating of "Buy" by Analysts
Shares of First Republic Bank have been given an average rating of "Buy" by the eighteen analysts that are presently covering the company, Stock Ratings Network.com reports .
New Report Available: Canyon Services Group Inc. (FRC) - Financial and Strategic SWOT Analysis Review
The company offers specialized fracturing and chemical stimulation services to various oil and gas companies in the Western Canadian Sedimentary Basin.
New Resource Bank: Acquisition Target - Quick Catalyst
Management in Sell Mode - Perfect Acquisition Target for Bank of Marin, City National Corp, First Republic Bank or SVB Financial.
First Republic Bank Sees Large Growth in Short Interest
First Republic Bank saw a significant growth in short interest in the month of July.