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According to the California Association of Realtors, sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 344,970 in June 2022.

California’s June home sales pace was down 8.4 percent on a monthly basis from 376,560 in May 2022, and down 20.9 percent from a year ago in June 2021, when 436,020 homes were sold on an annualized basis.