Housing Market Forecast from C.A.R. July 10, 2014Timothy Shih
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The 2014 housing market update highlights changes and classes available for realtors, focusing on the California housing market's sustainability influenced by economic growth and job creation. The report presents various economic indicators, including employment trends, consumer confidence, and affordability challenges, emphasizing that the housing market might decline if these factors do not improve. Additionally, it notes the significant decrease in home sales and prices compared to their peaks, affecting member industry dynamics.