California Weekly Data: September 11, 2021

Market Report provided by California Association of Realtors

The last week or two, the public health numbers have started to rejoin the broader economic numbers with some signs of gradual progress. In addition, interest rates remain favorable and new listings resumed their uptrend last week. Rising mortgage applications and home sales have yet to materialize, but California consumers have gotten slightly less pessimistic about buying over the past month, so the rest of the year is expected to remain at or around the 400,000 unit benchmark through December.