Brokers who watch the jobs numbers along with the LFP rate will find the trends useful for forecasting their future brokerage conditions
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Brokers who watch the jobs numbers along with the LFP rate will find the trends useful for forecasting their future brokerage conditions
Vacancy rates are on a year-over-year upward incline, while net absorption returns were positive this quarter. New projects were opened to the market but are not yet occupied. A few major tenants are boosting occupancy of distribution space, while smaller businesses are slowly shutting down.
The average ARM rate remains below the FRM rate, enticing potential homebuyers unaware of its history.
Multi-family and SFR construction continue to lag behind demand for new housing.
Learn how the Fed is using their benchmark rate as a monetary policy tool
Residential vacancy rates – along with jobs and residential construction – held steady.
State departments may now approve housing plans, and all agencies now have tighter review timelines, or a building permit application is deemed complete.
The BPPI in Q1 2026 tells us a homebuyer with the same income is able to borrow 2.1% more purchase-assist money than a year ago.
View California sales agent trends from 2002-present, and examine the effect of home sales volume on licensing.