California housing activity softened during the week ending June 6, while new inventory continued to grow, according to the latest report from the California Association of Realtors. California Housing Activity remains mixed as buyers face affordability challenges and sellers bring more properties to market. The statewide report shows 526 closed sales per day, down 7.5%…

California Median Home Prices reached a new statewide record in April as the median cost of an existing single-family home climbed above $900,000 for the first time since last spring. New data from the California Association of Realtors showed the statewide median price increased 2.9 percent from March to $914,810 in April. The latest report…

California Housing Affordability Gap continues to challenge homebuyers as a new national housing metric shows many middle-income households remain priced out of the market. The National Association of Realtors and Realtor.com introduced a new Listing-Income Alignment Score that measures how closely available home listings match the income levels of local residents. A score of 100…

U.S. homebuilder sentiment improved slightly in May as developers reported stronger buyer interest and better sales expectations. Homebuilder Confidence Improves Despite ongoing concerns about mortgage rates, construction expenses, and broader economic uncertainty, according to the latest National Association of Home Builders and Wells Fargo Housing Market Index. The monthly index rose three points from April…

California’s housing market showed uneven activity during the week ending May 16 as pending sales declined while new listings and buyer activity posted modest gains. California Housing Inventory Shows signs of stabilization in some regions even as affordability concerns continue to slow overall market momentum. The latest statewide market snapshot came from the California Association…

Foreclosure activity increased from last year across the United States in April, a sign that some homeowners still struggle with high housing costs and rising monthly bills. California Foreclosure Rates Rise as new data from ATTOM Data Solutions showed foreclosure filings climbed annually even as activity slowed from March. ATTOM reported 42,430 U.S. properties with…

California New Home Demand increased in March as buyers responded to lower prices and builder incentives despite elevated mortgage rates. New federal housing data showed sales of newly built single-family homes reached a seasonally adjusted annual rate of 682,000 last month. The March total marked a 7.4 percent increase from February’s revised rate of 635,000…

The California Housing Market Slowdown continued last week as closed sales, pending sales, and new listings all declined across the state. New data from the California Association of Realtors showed weakening activity ahead of the busy summer season. The report for the week ending May 9 found closed sales per day dropped 18.5 percent statewide.…

Federal Reserve holds rates steady amid division as policymakers voted to keep the federal funds rate unchanged at their latest meeting. The Federal Open Market Committee maintained the benchmark interest rate in a range between 3.5% and 3.75%. The decision reflects ongoing efforts to balance inflation concerns with labor market stability as economic signals remain…

California housing market sees weekly slowdown as new data shows declines in sales activity and modest changes in pricing across the state. The latest report from the California Association of Realtors shows closed sales averaged 528 per day for the week ending May 2, a 2.4% decrease from the prior week. Pending sales dropped more…