California home sales in August 2025 edged higher, supported by stabilizing prices and a modest decline in mortgage rates, according to the California Association of Realtors. Closed escrow sales of existing single-family detached homes reached a seasonally adjusted annualized rate of 264,240, up 0.9% from July's 261,820 but down 0.2% from August 2024. Despite the slight month-over-month increase, the...