Sharply climbing long-term yields put real estate buyers and sellers on notice; Monthly Statistical Update (August 2022)

The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions.

In the August 2022 MSU, we cover:

• the dramatic drop to buyer purchasing power, with borrowers now restricted to borrowing 26.6% less money than a year earlier;
• stock pricing, which has declined over 20% from the January 2022 peak; and
• decreasing California home sales volume, which peaked several months early this year, sounding alarm bells for sellers — and real estate professionals.

Download the Monthly Statistical Update