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Luxury Home Values Climb In The Third Quarter Of 2014 (First Republic Bank)

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(Source: First Republic Bank) SAN FRANCISCO, Nov. 24, 2014 /PRNewswire/ -- Luxury home values continued to rise in San Francisco, Los Angeles and San Diego in the third quarter of 2014 compared to a year ago, according to the First Republic Prestige Home Index™ by First Republic Bank, a leading private bank and wealth management company. In the third quarter of 2014, the Index indicated the following: San Francisco Bay Area values gained 14.3% from the third quarter of 2013 and 3.8% from the second quarter of 2014. The average luxury home in the region is at an all-time high of $3.44 million. Los Angeles area values jumped 13% from the third quarter a year ago and 3.7% from the second...

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