
"Analyzing the Most Expensive Housing Markets in the US: A California Perspective"
California is home to some of the most expensive housing markets in the U.S., with the median monthly mortgage cost at $2,673. The increasing cost of living, including housing, health care, taxes, food, and transportation, has led 4 in 10 Californians to consider moving out of state. The state's housing market is characterized by high demand and low supply, with 64% of its counties having median home values above the national median. The National Association of Realtors analyzed data from the American Community Survey to provide insights into median housing prices across the U.S.