{"id":366050,"date":"2026-06-18T18:34:07","date_gmt":"2026-06-18T18:34:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/366050\/"},"modified":"2026-06-18T18:34:07","modified_gmt":"2026-06-18T18:34:07","slug":"california-home-prices-hit-record-as-supply-tightens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/366050\/","title":{"rendered":"California home prices hit record as supply tightens"},"content":{"rendered":"<p>Year-to-date, sales are up 1.2% through the first five months of 2026.<\/p>\n<p>Despite the gain, California has now remained below the 300,000-unit benchmark for the 44th consecutive month.<\/p>\n<p>The statewide median reached $930,260, up 3.1% from $902,040 in May 2025 and 2.3% above April&#8217;s downwardly revised $909,410.<\/p>\n<p>The monthly gain was more than double the historical April-to-May average over the past 30 years, per C.A.R.<\/p>\n<p>&#8220;California&#8217;s home sales softened in May as broader economic uncertainty continued to weigh on consumer confidence and homebuying sentiment,&#8221; said Tamara Suminski, C.A.R. president and a Southern California broker.<\/p>\n","protected":false},"excerpt":{"rendered":"Year-to-date, sales are up 1.2% through the first five months of 2026. Despite the gain, California has now&hellip;\n","protected":false},"author":2,"featured_media":366051,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,6630,9,53767,53768,8],"class_list":["post-366050","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-association-of-realtors-c-a-r","tag-california-headlines","tag-california-home-sales","tag-california-housing-market","tag-california-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/366050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=366050"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/366050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/366051"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=366050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=366050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=366050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}