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California home prices rose in March, but sales dipped 2.3% month-to-month amid financial worries.
California home prices rose in March, but sales fell 2.3% month-to-month due to financial concerns.
Despite this, sales are up 4.9% year-over-year.
In San Diego, prices remained stable at $1.04 million, with sales up 18.5% from February but down 4% year-over-year.
The highest median prices were $2.26 million in San Mateo and $2.12 million in Santa Clara, while Del Norte County had the lowest at $185,000.
Pending sales have declined for four months, likely due to fluctuating mortgage rates and recession fears.
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Los precios de las viviendas en California subieron en marzo, pero las ventas cayeron un 2,3% mes a mes en medio de preocupaciones financieras.