California Housing Affordability Reaches Four-Year High in Q1 2026

Housing affordability in California improved in the first quarter of 2026, reaching a four-year high, according to the California Association of Realtors (C.A.R.). This improvement was driven by declining interest rates and falling home prices, allowing 22% of households to afford a median-priced home, up from 21% in Q4 2025 and 19% in Q1 2025.

By CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) · PR Newswire · May 7, 2026, 14:00 UTC

Topics: California Real Estate Home Prices Housing Affordability Interest Rates Mortgage Rates

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