California cities with the fastest-growing home prices show significant increases despite slowing growth due to rising mortgage rates. The top city saw a $602,648 (8.5%) rise in typical home value, reaching over $7.7 million. Other notable increases include cities with typical home values ranging from around $300,000 to over $5 million, with 1-year price changes from about $33,000 to over $420,000. Five-year growth varies widely, with some cities exceeding 70%.
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