High Mortgage Rates Continue to Hamper California Home Sales in June, C.A.R. Reports
July 18, 2024
July 18, 2024
LOS ANGELES, California, July 18 (TNSres) -- The California Association of Realtors issued the following news release on July 17, 2024:
* * *
* Existing, single-family home sales totaled 270,200 in June on a seasonally adjusted annualized rate, down 0.8 percent from 272,410 in May and down 2.7 percent from 277,690 in June 2023.
* June's statewide median home price was $900,720, down 0.8 percent from May and up 7.5 percent from $837,850 in June 2023.
< . . .
* * *
* Existing, single-family home sales totaled 270,200 in June on a seasonally adjusted annualized rate, down 0.8 percent from 272,410 in May and down 2.7 percent from 277,690 in June 2023.
* June's statewide median home price was $900,720, down 0.8 percent from May and up 7.5 percent from $837,850 in June 2023.
< . . .