California home sales and prices declined again in July while pending sales posted their steepest fall since November 2023. Mortgage rates, however, fell to their lowest level since last fall as the Fed suggests a possible rate cut in September. Join C.A.R. economists as they break down the latest housing market data, consumer spending and construction trends.

Housing Matters Podcast

CALIFORNIA ASSOCIATION OF REALTORS and the CENTER FOR CALIFORNIA REAL ESTATE

Home Sales Slip but the Market Could Bounce Back as Rates Hit 10-Month Low (Episode 134)

SEP 2, 202529 MIN
Housing Matters Podcast

Home Sales Slip but the Market Could Bounce Back as Rates Hit 10-Month Low (Episode 134)

SEP 2, 202529 MIN

Description

California home sales and prices declined again in July while pending sales posted their steepest fall since November 2023. Mortgage rates, however, fell to their lowest level since last fall as the Fed suggests a possible rate cut in September. Join C.A.R. economists as they break down the latest housing market data, consumer spending and construction trends.