2019 MARKET FORECAST:

-Slowing sales & demand - prices correcting (listings taking longer to sell & more price reductions)
-Supply & demand moving towards more equilibrium - biggest inventory gain in lower price end
-New home construction slowed & not keeping up with demand - net sale prices lower & sales slower
-Rental rates rising - CA will be majority “renter state” by 2025 (42 of 142 big CA cities already majority renters)
-Increasing housing inventory
-Stock market volatility & FED slowing interest rate increases 

For more details and information, visit the C.A.R. 2019 Economic & Market Forecast link here.