2019 Mid Year Housing Market Outlook
The California housing market kicked off the year with a weak start but has been improving throughout the last five months. With interest rates trending down since the end of 2018 and likely to remain below last year’s level for the rest of 2019, the outlook is brighter than originally anticipated at the beginning of the year. Whether the momentum will be carried forward, however, depends on the general economic condition, the consumer sentiment, and the landscape of the real estate industry. Tune in to our mid-year webinar presented by C.A.R. Chief Economist Leslie Appleton-Young for an update on where the market is heading and what challenges we will face in the second half of 2019.