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NorCal Monthly Market Insights Report: January 2024
The 2023 market was characterized by high interest rates, financial market uncertainty, surprisingly strong demand (considering the first two issues), and an extremely low supply of new listings – which maintained upward pressure on prices, even as housing affordability dropped. Sales numbers plunged due to loan rates and the inadequate supply of homes for sale, …
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The post NorCal Monthly Market Insights Report: January 2024 first appeared on California Real Estate Blog.