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California housing affordability improved slightly in 2025, though gaps persist by race.
California housing affordability improved slightly in 2025, with 19% of households able to afford a median-priced home, up from 18% the previous year.
However, affordability remains low and varies significantly by race; Asian and white households are most likely to afford homes, while Black and Hispanic households face the lowest rates.
State leaders project these gaps will persist despite potential mortgage rate declines due to ongoing price increases.
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La asequibilidad de la vivienda en California mejoró ligeramente en 2025, aunque persisten diferencias por raza.