Real Estate

Sales of an estimated 40,000 single-family homes were cancelled nationwide in January, the equivalent of 13.7 percent of the home-sale contracts signed during that month, according to Redfin. That was a slight year-over-year increase and the most canceled sales in the first month of the year since 2017, the Seattle-based …

Pending sales of single-family homes in California rose considerably month-over-month in January, according to data released Feb. 18. Between December and the first month of this year, pending sales rose 34.6 percent, as mortgage rates dropped sharply in the second week of January before recovering near the end of the …

Sales of existing single-family homes in January fell to their lowest level in eight months, according to data released Feb. 18. Closed escrow sales totaled 256,550 in the first month of 2026, down 10.8 percent from December and down 1.3 percent year-over-year, the California Association of Realtors reported. The median …

A 46,200-square-foot warehouse distribution facility in Indio has been sold for $7.2 million. The property at 82309 Market St. was purchased by a Los Angeles-based investor who declined to be identified, according to CBRE. The seller, whom CBRE represented, also wished to remain anonymous. “This sale underscores the continued investor …

U.S. retail sales rose modestly in January, the fourth consecutive month sales have been higher than the previous month, according to data released Feb. 12. Total retail sales, not counting automobile dealerships and gasoline stations, were up 0.2 percent seasonally adjusted compared with January, and up 5.7 percent unadjusted year-over-year, according …

Only 18 percent of California households could afford the median price of a single-family home – $869,300 – during the fourth quarter of 2025, according to the California Association of Realtors. That was a one percent increase from the third quarter, and up two percent year-over-year, modest improvements the association …