https://www.siliconvalley.com/2023/11/27/with-mortgage-rates-near-8-october-home-purchases-slow-but-prices-stay-high/

Bay Area home sales remained sluggish in October as the supply dwindled and high interest rates kept potential sellers from listing.

Sales of existing homes in California fell nearly 12% from last year, according to new data from the California Association of Realtors. That comes as interest rates hit a peak of 7.79% in the last week of October — the highest rate in two decades. Since then, rates have declined, but only modestly, to 7.44%.