Property Radar says "flat is the new black" of lack of seasonal sales growth

  • California's housing market showing signs of slowing, which could be seasonal, or buyer's resistance to ever-climbing prices.
  • October sales fell 2.9 percent to 35,182 from a revised 36,232 in September. Year-over-year, sales were down 1 percent from 35,541 in October 2014.
  • Price appreciation, also strong in the first half of the year and lagging of late, remains in the most affluent counties.

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Inman Connect New York | January 29 - February 1, 2019

Are buyers finally resisting unrelenting price increases in the California home market? Or, is it just that time of year for sluggish home sales?