Home price growth expected to be around 2.2% nationally, with California underperforming at approximately 0.5% to 1.5% due to affordability constraints and weak turnover Sales activity expected to grow near the national baseline of 1.7%, but California remains below average because of high borrowing costs Inventory expected to rise in line with national trend of 8.9%, slightly higher in coastal metros due to slower absorption Mortgage rates averaging around 6.3% continue to limit upward price momentum in major cities