The California housing market forecast for 2025 predicts increased sales and moderately higher prices, driven by lower interest rates and a loosening of the “lock-in” effect. Approximately 304,400 homes are expected to be sold, marking a 10.5% increase from 2024, with median home prices rising to $909,400. However, affordability remains a challenge, with only about 16% of households able to afford a median-priced home. Economic conditions will play a crucial role in shaping the market, and potential buyers and sellers should stay informed.
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