# California housing affordability holds steady in third-quarter 2026 as lower home prices offset higher mortgage rates, C.A.R. reports

- Source: PR Newswire M&A
- Published: 2026-10-30T15:25:00+00:00
- Category: Local
- Original: https://www.prnewswire.com/news-releases/california-housing-affordability-holds-steady-in-third-quarter-2026-as-lower-home-prices-offset-higher-mortgage-rates-car-reports-302925012.html
- Canonical: https://groundlevelnews.com/story/california-housing-affordability-holds-steady-in-third-quarter-2026-as-d543c3/

Nineteen percent of California households could afford to purchase the $894,630 median-priced home in the third quarter of 2026, unchanged from both the second quarter and a year ago. A minimum annual income of $228,000 was needed to make monthly payments of $5,700, including principal,...

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