Homes sales bounced back in September and prices remained near a record, but the gains are slowing, according to the California Association of Realtors.
‘We’re seeing many would-be buyers taking a break’ May home sales dipped 2.7% compared to April — but were up 87% from a year ago, though the figure is greatly skewed by the Covid-prompted lockdown that halted most sales in May 2020, according to the California Association of Realtors. Month-to-month home sales have dropped four […]
All seven regions posted record prices and reported at least a 38% increase in sales.
California home prices increased by 20% for the second consecutive month in February, despite higher mortgage rates and fewer listings.
Plus, most Californians moving are relocating within the state, single-women buyers are increasing in some cities, and the state has six of the hottest housing markets in the U.S.