General World News

A San Diego data dive shows a market upended by tight supply

California is home to roughly 39 million people, making it by far the nation’s most populous state. In 2022, however, only 55.3% of its occupied homes were owner-occupied, the third lowest percentage in the U.S. after New York (53.9%) and Washington, D.C. (42.3%), according to the Census Bureau.

Landing a California home is hard and expensive – especially in San Diego. That makes the work of buying and selling homes in the Golden State lucrative and competitive.

This competitive landscape changed in the pandemic era, a HousingWire review of CoreLogic data reveals.

The data examined below represents multiple listing service details ⇒

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