CAR Market Matters

Talking Points The strong sales momentum that occurred during the peak home-buying season gave way in July as shrinking housing inventory and waning affordability stifled pending home sales, which declined both from the previous month and year, the CALIFORNIA...

CAR Market Matters

Talking Points The CALIFORNIA ASSOCIATION OF REALTORS® released its 2nd quarter housing affordability report, which showed that the percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California declined to 29...

Understanding the Market

Market Pulse Survey • The open house traffic index saw year over year growth for the fourth straight month. The index was 63 in June, up from last year’s index at 53. • REALTOR optimism about market conditions continued and remained above fifty. The index, however,...