Uptick in mortgage interest rates nudges down California home sales in March, C.A.R. reports

Existing, single-family home sales totaled 281,050 in March on a seasonally adjusted annualized rate, down 1.0 percent from February and down 34.2 percent from March 2022. March’s statewide median home price was $791,490, up 7.6 percent from February and down 7.0 percent from March 2022….