June saw slow home buying, ranking among the bottom 5% since the 1990s.
Sales volume [↑](color-green) 15% in 6-mo, but overall purchases [↓](color-red) 20% in a year.
California's expensive home prices are driven by surging mortgage rates.
![](https://blog.stevespiromaritimeproperties.com/wp-content/uploads/2023/08/image_13979_20228.jpg)
California’s Record House Payment
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