Statewide, existing single-family home sales totaled a seasonally adjusted annualized rate of 279,880 units in June, up 4.1% from May and up 6.0% from a year earlier, marking the strongest year-over-year increase since September.

After reaching an all-time high in May, California’s statewide median home price eased in June but remained above the $900,000 mark for the third consecutive month.