The Housing Matters Podcast is your housing hub for market analysis, economic trends, and housing news from the California Association of REALTORS®. Be sure to subscribe on iTunes or Spotify to hear the latest episode to learn what you need to know about the market from C.A.R. experts who will provide their take on the week’s top real estate stories.
Active listings at the state level continue to climb, with new for-sale properties rising for the fourth straight month in April. Housing supply remained tight, however, and continued to put upward pressure on prices. The statewide median price surged more than 10% from last year and set a new record high in April. As the market continues to speculate on the next Fed’s rate move and its outlook on future rate cuts, interest rates will likely remain volatile in the coming month.