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

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.
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.
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 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
Even with a strong performance in August closed escrow sales, California pending home sales stalled. Down 3.5%, 121 to 117, year to year.
The downward trend in pending sales suggests an impending slowdown in the state’s housing market.
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
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.
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.
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