Published Thursday, August 11, 2022
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»
Published Monday, July 18, 2022
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»
Published Friday, June 10, 2022
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»
Published Tuesday, May 17, 2022
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»
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 more»
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 more»
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 more»
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 more»