San Diego Sales Jump 8% As Listings Shrink
San Diego sales rose 8% in July as listings shrank, while California affordability slipped to 19% and the 30-year fixed mortgage climbed to 6.69%.

San Diego sales rose 8% in July as listings shrank, while California affordability slipped to 19% and the 30-year fixed mortgage climbed to 6.69%.

Contract signings fell at the fastest weekly pace since 2022 as the 30-year fixed neared 7%, while a weak jobs report revived hopes of rate relief.

Sellers cut prices as mortgage rates hit an 11-month high, California list prices slide, and July sales surge while pending contracts cool.

Entry-level affordability improves nationally for an eighth straight month while Southern California lags, California sales cool, and rates hold near 6.66%.

California metro home values are still rising on paper but trailing inflation, while higher mortgage rates cool demand and more sellers cut prices.

ADUs now make up nearly 28% of Bay Area housing permits and a quarter statewide, while mortgage rates hit a one-year high and buyer demand cools.
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