California Latest Market Data: April 2022

Market Report provided by California Association of Realtors

Although the macroeconomic headwinds continue to rise, California’s economy and housing market have yet to slow their upward trajectory. Home sales remain strong, new listings are increasing, and the market remains competitive. Demand is expected to be impacted by higher rates in the second half of the year, but, thus far, California’s residential market is holding up remarkably well.