From the California Association of Realtors:

 Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual basis, while the statewide median home price exceeded $900,000 for the second straight month to set another record-high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Infographic:https://www.car.org/en/Global/Infographics/2024-05-Sales-and-Price