California home sales plunge to a 14-year low in October
California home sales plummet to the lowest level since 2008 and prices decline for the second consecutive month.
Fall brings a big chill to the housing market in September, with sales falling 30%
Higher mortgage rates slam the door on many wanna-be buyers California’s once red-hot housing market entered a deep freeze in September, as the change in the season brought a lot more concern from home shoppers about fast-rising mortgage rates and economic uncertainty. As mortgage rates climbed to the highest level in 20 years, home sales…
A brief dip in rates boosts August home prices and sales
A short-lived drop in mortgage rates bumped prices and sales, but both will continue to slow in the coming months.
