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Home sales in California dip below pre-pandemic levels as the effects of rising interest rates begin to show even as prices set another record, C A R reports

/PRNewswire/ California s housing market started showing signs of a market shift in May, as the monthly average 30-year fixed rate mortgage surpassed 5.

Rising interest rates and climbing home prices moderate California home sales in April as statewide median price sets another peak, C A R reports

/PRNewswire/ California home sales retreated in April as rising interest rates and higher home prices depressed housing demand even as the statewide median.

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