California home sales decline in January to lowest level since May 2025 amid 23-month price low, C.A.R. reports

Existing, single-family home sales totaled 256,550 in January on a seasonally adjusted annualized rate, down 10.8 percent from 287,570 in December and down 1.3 percent from 260,040 in January 2025. January's statewide median home price was $823,180, down 3.2 percent from $850,680 in...