Market Update: March 2023

Market Update: March 2023

March 2023 market update summarizing interest rates, housing listings, home prices, and economic growth.

Article text discusses employment, inflation, mortgage rates, and the 2023 housing market.

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Two charts show U.S. home price-per-square-foot trends and 15- and 30-year mortgage rates.

Charts showing U.S. single-family home sale prices and new listings through 2022.

Market update discussing Southern California’s low housing inventory, home prices, and supply outlook.

March 2023 housing market update on mortgage costs and inventory.

Line chart comparing median single-family home prices in Los Angeles, Orange County, Riverside, and San Diego, 2021–2023.

Southern California home price charts for four counties, showing year-over-year changes and two years of condo prices.

Charts comparing Southern California home prices and year-over-year changes by county.

Charts compare monthly homes for sale, new listings, and sales in Los Angeles and Orange counties.

Charts of Riverside and San Diego County home inventory, new listings, and sales from 2021 to January 2023.

Two charts track days on market and months of supply for four Southern California counties, January 2022–January 2023.

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