California home sales fell 6% in July as the statewide median price dropped below $900,000 for the first time in four months, with Southern California and San Francisco Bay Area prices moving in opposite directions, C.A.R. reports.
A newly built house on Summit Avenue in Cardiff sold for $9.30 million to lead the San Diego metro area’s top five home sales for the week ending August 16, 2026.
A 10-acre equestrian property in the Olivenhain area of Encinitas sold for $10.23 million to lead the five highest-priced home sales publicly reported in the San Diego, California metro area for the week ending August 9, 2026.
Henderson Park and Lowe bought the 1 million-square-foot mall from Unibail-Rodamco-Westfield and the Canada Pension Plan Investment Board, ending Westfield’s decades-long ownership of the South Bay property.
Greystone arranged a $105.8 million Freddie Mac refinancing for 476 apartments in El Cajon, California, on behalf of Apollo-owned Bridge Investment Group, as agency lenders keep backing stabilized multifamily assets.
Camden Property Trust sold 11 Southern California apartment communities totaling 3,620 units for about $1.625 billion, redeploying proceeds into debt paydown, share buybacks and Sunbelt acquisitions.
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