California home sales edge higher in February amid geopolitical tensions and inflation uncertainty, C.A.R. reports
- Existing, single-family home sales totaled 424,640 in February on a seasonally adjusted annualized rate, down 4.5 percent from January and down 8.2 percent from February 2021.
- February’s statewide median home price was $771,270, up 0.7 percent from January and up 10.3 percent from February 2021.
- Year-to-date statewide home sales were down 8.3 percent in February.