Page 8 - CAR - Market Update Feb 2021

Mortgage payment had the largest growth since

Dec. 2018

California Median Price vs. Mortgage
30 Yr. FRM
6% Payment

25%

5% 20%

15%

4% 3.62% 10%

3% 2.74% YTY% Chg. 5%
0%

-5%
2% -10%

-15%
1%

0% Jan-16 Jun-16 Nov-16 Apr-17 Sep-17 Feb-18 Jul-18 Dec-18 May-19 Oct-19 Mar-20 Aug-20 Jan-21

Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 Jan-19 May-19 Sep-19 Jan-20 May-20 Sep-20 Jan-21 Price Growth Mortgage Pmt Growth

SERIES: Price Growth vs. Mortgage Payment Growth page

SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® 8