Housing affordability in California sank to its the lowest level in nearly 16 years, according to new data from the California Association of Realtors (CAR). Less than one in five (16%) home buyers could afford to purchase a median-priced, existing single-family home...
California’s housing market rebounded in May with home sales rising to the highest level in eight months and the statewide median price remaining above $800,000 for the second straight month. According to new data from the California Association of Realtors,...
The California Association of Realtors (CAR) has criticized the state legislature for omitting a homeownership assistance program in its 2023-24 state budget. The trade group issued a statement that declared it was “disappointed that the legislature failed to...
The California statewide median home price climbed above the $800,000 level for the first time in six months during April, according to data from the California Association of Realtors (CAR). Last month’s $815,340 median home price was up by 3% from March’s...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
