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California home sales bear the brunt of higher interest rates in October, C.A.R. reports.
- Existing, single-family home sales totaled 274,040 in October on a seasonally adjusted annualized rate, down 10.4 percent from September and down 36.9 percent from October 2021.
- October’s statewide median home price was, $801,190 down 2.5 percent from September and up 0.3 percent from October 2021.
- Year-to-date statewide home sales were down 18.5 percent in October.
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