CalculatedRisk Newsletter

CalculatedRisk Newsletter

Share this post

CalculatedRisk Newsletter
CalculatedRisk Newsletter
California Home Sales Down 23.6% YoY in May, Median Prices Decline 6.4% YoY
Copy link
Facebook
Email
Notes
More

California Home Sales Down 23.6% YoY in May, Median Prices Decline 6.4% YoY

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jun 21, 2023
∙ Paid
17

Share this post

CalculatedRisk Newsletter
CalculatedRisk Newsletter
California Home Sales Down 23.6% YoY in May, Median Prices Decline 6.4% YoY
Copy link
Facebook
Email
Notes
More
Share

California doesn’t report monthly inventory numbers, but they do report sales and the change in months of inventory.

Note: The National Association of Realtors (NAR) is scheduled to release May existing home sales tomorrow, Thursday, June 22, 2023, at 10:00 AM ET. The consensus is for 4.24 million SAAR.

Last Friday, housing economist Tom Lawler noted:

Bas…

Keep reading with a 7-day free trial

Subscribe to CalculatedRisk Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 CalculatedRisk
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More