The housing affordability in California rose to its highest level in a year during Q1 2023.
The revised forecast for the 2023 housing market projects 280K units sold.
It also shows a statewide median price of $777K.
The 2023 housing market forecast predicts ↓ single-family home sales.
Housing affordability will remain a challenge due to high interest rates and inflation.
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5796 Armada Drive, Suite 250
Carlsbad, California 92008
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© 2024 Steve Beaupre. All Rights Reserved.
CA DRE# 02036542
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number [01527365]. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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