California housing market bounces back in October as both home sales and median price post increases from previous month and year, C.A.R. reports [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
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Source: Yahoo! Finance
October's statewide median home price was , up 2.4 percent from September and up 5.8 percent from in October 2023 Year-to-date statewide home sales edged up 1.7 percent. LOS ANGELES Nov. 19, 2024 /PRNewswire/ -- California home sales rebounded in October, reversing two straight months of sales declines and registering the fastest year-over-year sales pace in 40 months, the CALIFORNIA ASSOCIATION OF REALTORS ® (C.A.R.) said today. Infographic: https://www.car.org/Global/Infographics/2024-10-Sales-and-Price Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 264,870 in October, according to information collected by C.A.R. from more than 90 local REALTOR ® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2024 if sales maintained the October pace throughout the year. It is adjusted to account for seasonal factors that typica
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News
- Existing homes sales jump 3.4% in October, first increase in 3 years [Yahoo! Finance]Yahoo! Finance
- Miami-Dade $1M & Up Existing Condo Sales Continue to Climb; Single-Family Home Sales on Target to Top Last Year's Total [Yahoo! Finance]Yahoo! Finance
- Miami-Dade $1M & Up Existing Condo Sales Continue to Climb; Single-Family Home Sales on Target to Top Last Year's TotalPR Web
- Home sales jumped in October, and housing demand is set to pick up from here, NAR says [Business Insider]Business Insider
- Mortgage rates rise after home sales jump in October [FOX Business Network]FOX Business Network
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 11/6/24 - Form ABS-15G/A
- 11/6/24 - Form ABS-15G/A
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website