California home sales lose steam in March while median home price hits seven-month high, C.A.R. reports – PR Newswire

Agggregated News
Existing, single-family home sales totaled 267,470 in March on a seasonally adjusted annualized rate, down 7.8 percent from 290,020 in February and down 4.4 percent from 279,700 in March 2023.  March’s statewide median home price was $854,490, up 6.0 percent from February and up 7.7 percent from $793,260 in March 2023. Year-to-date statewide home sales were up 0.7 percent. LOS… Read More

Tiny 384-square-foot home lists in California — for $1.7 million. What’s the deal? – Yahoo News Canada

Agggregated News
A home that is roughly the same size as a small Beverly Hills closet has landed on the market in Cupertino, California, and has some people seeing red. The house is a total of 384-square feet and is listed for a whopping $1.699 million. While some people from out-of-state might be shocked, others are shrugging and pointing out the obvious.… Read More

Industrial Sales Report – Industrial Property Prices Hold Steady – CommercialSearch

Agggregated News
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing a dip in recent quarters, the average sale price of industrial properties continues to rise with a 9.6% quarter-over-quarter increase and a 2.0% year-over-year uptick.… Read More

The Bay Area is the country’s 4th-hottest housing market – HousingWire

Agggregated News
As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. In comparison, Seattle-Tacoma-Bellevue, the top-ranked metro area, had a score of 64.53. Altos considers anything above a Market Action Index of 30 to… Read More