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California's Housing Market Shows Resiliency

California continued to have a strong housing market this past season despite a slight autumn cooling for the rest of the country. In sunny California, where interest rates are low and inventory is even lower, the sales pace in November managed to remain above pre-pandemic levels, according to the California Association of Realtors (C.A.R.).

November’s sales pace rose 4.7% from October and was down 10.7% from a year ago. Despite the fifth straight year-over-year sales decrease, statewide home sales maintained a 10.6% increase on a year-to-date basis. ....

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California housing market defies higher interest rates and inventory crunch in November, as recovering economy provides support, C.A.R. reports

/PRNewswire/ Despite low housing inventory and higher interest rates, California s housing market continued to log a strong sales pace in November and. ....

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California housing market defies higher interest rates and inventory crunch in November, as recovering economy provides support, C.A.R. reports

/PRNewswire/ Despite low housing inventory and higher interest rates, California s housing market continued to log a strong sales pace in November and. ....

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