California Weekly Data: November 20

Market Report provided by California Association of Realtors

While the frenzied housing market from earlier this year has plateaued, home sales are still outpacing the levels observed in recent years prior to the pandemic. Homebuyers continued to be motivated by low interest rates and some buyers who had been sidelined by fierce market competition might have jumped back into the market in the last couple months as it started showing signs of easing.