US EditionRealtors: Interest rates, uncertainty temper California home sales
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Realtors: Interest rates, uncertainty temper California home sales
Elevated interest rates and economic uncertainty are being cited for a statewide decline in sales for March, according to the latest data from the California Association of Realtors. Existing, single-family home sales in California totaled 277,030 in March on a seasonally adjusted annualized rate, down 2.3% from 283,540 in February and up 4.9% from 264,200 in March 2024. “Home sales slowed in March as both buyers and sellers grew more concerned …
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