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Table of Contents








                                Introduction                                        4


                                Executive Summary                                   6

                                2017 Forecast Report Card                           8

                                Macro Economic Outlook                             10


                                Commercial Real Estate Outlook                     24

                                Housing MarketTrends                               28
                                        C.A.R. Memberships
                                        Home Sales
                                        CA Median Home Prices
                                        Peak vs. Current Price
                                        Affordability
                                        SFH as Rentals
                                        Under-built Counties

                                2017 Annual Housing Market Survey                  50
                                        Who’s Buying & Selling in CA
                                        Marketplace Competition
                                        International Buyers
                                        Investors & Cash Buyers
                                        Cash Gains From Sales
                                        Sellers Selling

                                Regional Housing Markets                           66
                                        Northern California
                                        Northern Wine
                                        Bay Area
                                        Central Valley
                                        Central Coast
                                        Southern California

                                2018 Forecast                                      80
                                        Ask the Agents
                                        California Housing Market Outlook
                                        Challenges


                                Conclusion                                         90
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