California Weekly Market Data for week ending June 24, 2024

More listings available on the market

Active listings at the state level rose on a year-over year basis for the fourth straight month and the increase was the largest in 15 months.

Housing starts fall sharply as mortgage rates remain volatile

In May, the U.S. Census Bureau reported that housing starts were at an annual rate of 1.28 million units, down 5.5% from April and 19.3% lower than in May 2023.

Builder confidence hit its lowest level since late 2023

Many homebuilders were put on pause as...