Homebuying slump: Sales drop 6% in Chino, Rancho Cucamonga, Ontario, Upland, Fontana

Inland Valley Daily Bulletin - 03-19

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Homebuying in and around Chino, Rancho Cucamonga, Ontario, Upland, and Fontana fell 6 percent in a year with the fewest countywide sales since 2014. Key culprits in the slowdown include higher mortgage rates and economic uncertainty — not to mention homeowners seeking new residences who couldn’t unload their current home. Here’s what my trusty spreadsheet told me when looking at house-hunting patterns at the neighborhood level.