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.
California home sales have declined for the second time in four months compared to the previous year, as elevated interest rates and ongoing economic uncertainty continue to impact the market. The condo market, which previously provided more opportunities for first-time buyers, has also softened due to worsening affordability. Although the tariff situation has slightly improved, the recent U.S. credit downgrade has adversely affected rates, likely causing the housing market to stall in the coming months.
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