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Elevated borrowing costs suppress California home sales to the lowest level in 16 years, C A R reports

Elevated borrowing costs suppress California home sales to the lowest level in 16 years, C A R reports
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California home sales remain muted in October as elevated interest rates keep homebuyers and sellers on the sideline, C A R reports

/PRNewswire/ California home sales were essentially flat in October, as the cost of borrowing remained elevated and housing inventory continued to be tight,.

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California home prices hold steady as high interest rates continue to test housing market, C A R reports

Existing, single-family home sales totaled 240,940 in September on a seasonally adjusted annualized rate, down 5.4 percent from August and down 21.5 percent from September 2022.September s statewide median home price

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Home prices in Los Angeles County just reached a new high

For the first time on record, the median price of a single-family home in Los Angeles County has surpassed $900,000, according to data released Wednesday by the California Association of Realtors. The median climbed 3.7%, $882,020 to $914,640, from August through the end of September, sales data shows. This defied the trend of home prices […]

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Median home price hits 15-month high in California

In San Diego, home prices have officially reached seven digits. Median home prices in San Diego for August came in right at $1 million, up 3% from July and more than 14% higher than last year.

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