High mortgage rates continue to hamper California home sales in June, C.A.R. reports

Existing, single-family home sales totaled 270,200 in June on a seasonally adjusted annualized rate, down 0.8 percent from 272,410 in May and down 2.7 percent from 277,690 in June 2023. June’s statewide median home price was $900,720, down 0.8 percent from May and up 7.5 percent from…