
California Home Sales Surge, Prices Edge Up
Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Californias home sales surged in February, with a 7% increase statewide and even stronger gains in Southern California. Despite slightly easier mortgage rates, prices edged higher, with the statewide median home price at $830,370, up 0.9% from January. However, global tensions and rising mortgage rates could impact spring demand. Mono County saw a 50% increase in median price, while Lassen County had the lowest at $199,000 after a 22% drop.
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