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August home sales and price notch higher amid temporary rate reprieve, C.A.R. reports Existing, single-family home sales totaled 313,540 in August on a seasonally adjusted annualized rate, up 6.1 percent from July and down 24.4 percent from August 2021. August’s statewide median home price was, $839,460 up 0.7 percent from July and up 1.4 percent more»

Rising interest rates and affordability crunch drag down July home sales and prices, C.A.R. reports Existing, single-family home sales totaled 295,460 in July on a seasonally adjusted annualized rate, down 14.4 percent from June and down 31.1 percent from July 2021. July’s statewide median home price was, $833,910 down 3.5% percent from June and more»

California housing affordability slides to lowest level in nearly 15 years in second-quarter 2022 as home prices set record highs and interest rates surge, C.A.R. reports Sixteen percent of California households could afford to purchase the $883,370 median-priced home in the second quarter of 2022, down from 24 percent in first-quarter 2022 and down from more»

California home sales and price curb in June as housing demand cools, C.A.R. reports 2022 Housing market forecast revised to 380,630 units sold and a statewide median price of $863,390. Existing, single-family home sales totaled 344,970 in June on a seasonally adjusted annualized rate, down 8.4 percent from May and down 20.9 percent from June 2021. more»

BIPARTISAN HOMEOWNERSHIP COALITION SUPPORTS JOINT LEGISLATIVE BUDGET PROPOSAL Substantial investment will fund home construction, down payment assistance, and make homeownership more achievable for all Californians The California Homeownership Coalition — which includes the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California Building more»

Rising interest rates and climbing home prices moderate California home sales in April as statewide median price sets another peak, C.A.R. reports Existing, single-family home sales totaled 419,040 in April on a seasonally adjusted annualized rate, down 1.9 percent from March and down 8.5 percent from April 2021. April’s statewide median home more»

California Home Sales Tick Higher in March as Statewide Median Price Sets Another All-Time High Existing, single-family home sales totaled 426,970 in March on a seasonally adjusted annualized rate, up 0.5 percent from February and down 4.4 percent from March 2021. March’s statewide median home price was $849,080, up 10.1 percent from February and more»

True Equity Starts with Homeownership as Coalition Calls for Increased Funding for Construction of Owner-Occupied Homes in Governor’s May Revise Budget Ownership housing is the best strategy to help low-income Californians escape poverty SACRAMENTO (April 5) – More middle-class Californians and the businesses that employ them cite a lack of more»