← Back to Blog

Why Home Prices Keep Rising Even as Sales Drop #shorts #homebuyers #economy

Existing home sales just dropped to their slowest pace since last September… but prices hit a new record. Meanwhile, builders have inventory – but most of it isn’t finished.

In this week’s housing market update, I break down the latest data and what it means for buyers, sellers, and rates.

Have questions about buying, refinancing, or tracking your mortgage rate in California?

Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.

Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate