Posted inBusiness

Realtors Forecast Decline in State’s Single-Family Home Sales

Expect a weaker housing market in California in 2023 as an ongoing battle against inflation creates a small recession — keeping interest rates elevated and suppressing buyer demand, according to a forecast released Wednesday by the Los Angeles-based California Association of Realtors. The baseline scenario of CAR’s “2023 California Housing Market Forecast” sees a decline […]