June Numbers Posted Record-Setting Slowdown In Home Price Growth
The decline coincides with the largest single-month gain in homes listed for sale in 12 years
The decline coincides with the largest single-month gain in homes listed for sale in 12 years
Sales retreated in all four major regions, with the West experiencing the largest decline in June
The median existing-home sales price climbed 13.4 percent to a new record high of $416,000
The central coast remained a bright spot last month while most of the state suffered median sale price drops
The San Francisco Bay Area had the second largest drop of all regions, with sales falling 26.8 percent compared to ...
The just-released numbers also show home prices are finally on the downward trend as well…
With just a 0.7 percent increase from May, it’s the smallest month-over-month gain since the start of the year
High mortgage rates appear to be taking their toll as 60,000 home-purchase agreements fell through in June
© 2022 California Listings, LLC