News
Published Wednesday, April 20, 2022
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
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Published Friday, April 8, 2022
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
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Published Friday, March 18, 2022
California Home Sales Edge Higher in February, According to the Latest C.A.R. Report
Existing, single-family home sales totaled 424,640 in February on a seasonally adjusted annualized rate, down 4.5 percent from January and down 8.2 percent from February 2021.
February’s statewide median home price was $771,270, up 0.7 percent from January and up
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Published Wednesday, March 9, 2022
California REALTORS® urge Gov. Newsom to Focus on Homeownership After Omitting in State of the State Address
LOS ANGELES (March 8) – CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) President Otto Catrina today issued the following statement after Gov. Gavin Newsom’s State of the State address:
“The State of the State will not
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Published Wednesday, February 16, 2022
California Housing Market Remains Resilient in January Despite Rising Interest Rates, C.A.R. Reports
Existing, single-family home sales totaled 444,540 in January on a seasonally adjusted annualized rate, up 3.4 percent from December and down 8.3 percent from January 2021.
January’s statewide median home price was $765,580, down 3.9 percent from
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Published Thursday, February 10, 2022
California housing affordability improves in fourth-quarter 2021 as prices level off and incomes grow, C.A.R. reports
Twenty-five percent of California households could afford to purchase the $797,470 median-priced home in the fourth quarter of 2021, up from 24 percent in third-quarter 2021 but down from 27 percent in fourth-quarter 2020.
A minimum
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Published Wednesday, January 19, 2022
California Home Sales and Prices Ease in December, as 2021 State Housing Market Posts Best Performance in More Than a Decade, C.A.R. Reports
Existing, single-family home sales totaled 429,860 in December on a seasonally adjusted annualized rate, down 5.4 percent from November and down 15.7 percent from December 2020.
December’s statewide median
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Published Wednesday, January 12, 2022
C.A.R.’s Housing Affordability Fund Partners with Housing Nonprofits to Provide Closing Cost Grants to Underserved First-Time Buyers
In an effort to address California’s growing housing affordability crisis and racial homeownership divide, the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Housing Affordability Fund is partnering with
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