Housing Affordability Index – Percentage of households who can afford to buy a median-priced home. California housing affordability dipped down to 28 percent in the third quarter of 2017.
CA Affordability Index 2017 Q3
CA Pending Sales Index September 2017
California pending home sales stalled for the third straight month in September. Bay Area is down 11% YTY to 136. Southern CA is down 8% YTY to 92. Central Valley YTY is unchanged at 110.
CA Sales September 2017
California housing market eases into fall homebuying season, increasing 1.7 percent from last year. San Francisco Bay Area’s median price of single family homes was $813,520 increasing 5.6 percent from last year. Sales in the Bay Area decreased 4.2 percent
California Sales August 2017
California housing market defies inventory as sales increase 1.3 percent from last year. San Francisco Bay Area’s median price of single family homes was $856,200 increasing 10.2 percent from last year. Sales in the Bay Area increased 6.5 percent from
August 2017 Pending Sale Index
Even with a strong performance in August closed escrow sales, California pending home sales stalled. Down 3.5%, 121 to 117, year to year.
June 2017 CA Pending Sales Index
The downward trend in pending sales suggests an impending slowdown in the state’s housing market.
May 2017 CA Sales
California home sales bounce back in May as homes sales increase 2.6 percent from last year. San Francisco Bay Area’s median price of single family homes was $899,730 increasing 6.0 percent from last year. Sales in the Bay Area increased
CA Affordability Index 2017 Q1
California Housing Affordability Index 2017 Q1. Percentage of households who can afford to buy a median-priced home. Affordability inched up to 32 percent in Q1 2017.
CA Pending Home Sales February 2017
After a solid start to the year in closed escrow sales, low housing inventory, eroding affordability, and rising interest rates mildly pulled back pending sales on a year-over-year basis in February.
February 2017 California Sales
After starting the year on a positive note in January, home sales and median price backpedaled on a monthly basis in February, but still showed strong gains on a yearly basis. Home sales totaled 400,500, down 4.7% from January and