January 29, 2024 - The economic data from last week demonstrates that the U.S. has consistently out-performed the more gloomy outlooks that called for slower growth in 2023. And although a stronger economy has, thus far, meant upward pressure on mortgage rates, the average 30-year...
September 25, 2023 - California Association of REALTORS® forecast improvement in the outlook for sales and prices at the Reimagine! Conference in Anaheim as interest rates will begin to ebb in 2024 and housing inventory and sales pick up. However, recently updated guidance shows...
September 04, 2023 - As the job market continues to show signs of easing, it is looking more likely that the Fed may not raise rates in their upcoming September meeting. With mortgage rates remaining elevated despite their downward movement in the past couple of weeks, the Fed’s...
California Association of Realtors®
Press Release:
August 17, 2023
California median home price registers first annual price gain in 9 months;
statewide sales take a step back in July, C.A.R. reports
- Existing, single-family home sales totaled 269,180 in July on a...
