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California Housing Market Shifts: Buyers Gain Advantage

6/15/2025

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Summary

Buyers Gain Advantage

California's housing market is experiencing a significant shift, now favoring buyers as inventory outpaces demand. With home sales lingering near Great Recession lows, high prices and mortgage rates deter many. May saw a record 73,160 active listings, the highest since 2019, prompting analysts to foresee slight price drops as buyers hold out for better deals.

Summary

Leaders Fight Homelessness

California is on the brink of a homelessness crisis as federal funding for the Emergency Housing Voucher program is set to expire. Thousands could lose their homes due to cuts and restrictive policies. Local leaders are fighting back in court, igniting a fierce battle over values and the urgent need to support vulnerable communities amidst soaring homelessness rates.

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Buyers Gain Advantage

California's housing market is experiencing a significant shift, now favoring buyers as inventory outpaces demand. With home sales lingering near Great Recession lows, high prices and mortgage rates deter many. May saw a record 73,160 active listings, the highest since 2019, prompting analysts to foresee slight price drops as buyers hold out for better deals.

1 / 2