Santa Clara County House Price (per sq.ft.)
Do home prices rise with rising employment? Since 2009 Santa Clara County employment has steadily risen. However it took several years for many people to feel secure enough about their future and to build up savings to buy a home. Employment and population changes are the main driving force behind home prices but there are time delays between cause and effect.
Employment data from http://www.labormarketinfo.edd.ca.gov/county/sclara.html