The surge in unsold homes signals growing challenges in California's housing market, where affordability has long been a major issue. California's supply of unsold homes has been growing for several ...

In April, the average home value of a typical California home was $796,255, according to Realtor.com, up 1.3 percent from a year earlier.

California can no longer afford to treat overregulation as just an inconvenience. For too many, it’s a barrier to survival.

But their homes are sitting unsold longer. The number of days on the market has risen by five to 21 since May 2024. The best news for housing, though, comes from government employment data.

Despite the recent downward pressure on prices in California, the cost of buying a home remains high—much more than many can afford. Home values might be dropping on a monthly basis, but they ...