Would California home prices tumble if tech stocks crashed?
Published . Updated .
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How’d housing handle the a dramatic end to another golden age for technology, key to California’s economy?
Directly affected
- No company is named in this report.
Indirectly affected
- XLRE Real Estate Select Sector SPDR+4.3% 30d
Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story.
- XHB SPDR S&P Homebuilders ETF+5.0% 30d
SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story.
- PLD Prologis-3.7% 30d
Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story.
- DHI D.R. Horton+6.8% 30d
D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story.
- LEN Lennar+5.6% 30d
Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story.
- WELL Welltower+6.1% 30d
Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLRE | +1.14% | -1.35% | base | -0.28% | after close | after close | after close |
| XHB | +4.26% | -0.88% | base | -1.16% | after close | after close | after close |
| PLD | +0.98% | -2.41% | base | -0.95% | after close | after close | after close |
| DHI | +4.91% | +1.71% | base | -1.88% | after close | after close | after close |
| LEN | +6.37% | +2.42% | base | -2.95% | after close | after close | after close |
| WELL | +0.11% | -1.06% | base | -0.79% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Would California home prices tumble if tech stocks crashed? Orange County Register
Source: Orange County Register
Select Sector Spdr Tr (XLRE) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Horton D R (DHI) | that day | -1.88% | still updating |
| Horton D R (DHI) | three days earlier | +1.71% | final price |
| Horton D R (DHI) | five days earlier | +4.91% | final price |
| Lennar (LEN) | that day | -2.95% | still updating |
| Lennar (LEN) | three days earlier | +2.42% | final price |
| Lennar (LEN) | five days earlier | +6.37% | final price |
| Prologis (PLD) | that day | -0.95% | still updating |
| Prologis (PLD) | three days earlier | -2.41% | final price |
| Prologis (PLD) | five days earlier | +0.98% | final price |
| Welltower (WELL) | that day | -0.79% | still updating |
| Welltower (WELL) | three days earlier | -1.06% | final price |
| Welltower (WELL) | five days earlier | +0.11% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | that day | -1.16% | still updating |
| State Street Spdr S&P Homebuilders Etf (XHB) | three days earlier | -0.88% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | five days earlier | +4.26% | final price |
| Select Sector Spdr Tr (XLRE) | that day | -0.28% | still updating |
| Select Sector Spdr Tr (XLRE) | three days earlier | -1.35% | final price |
| Select Sector Spdr Tr (XLRE) | five days earlier | +1.14% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. David J. Taylor bought Prologis (PLD), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Lennar (LEN), worth $15,001 - $50,000 on 28 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “Would California home prices tumble if tech stocks crashed?”
Companies carried with this story
- XLRE Select Sector Spdr Tr
Select Sector Spdr Tr (XLRE) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Would California home prices tumble if tech stocks crashed?.” Reason on file: Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story
- XHB State Street Spdr S&P Homebuilders Etf
In “Would California home prices tumble if tech stocks crashed?,” State Street Spdr S&P Homebuilders Etf (XHB) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story
- PLD Prologis
For “Would California home prices tumble if tech stocks crashed?,” Prologis (PLD) is linked, with no stored direction, medium confidence. Reason on file: Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story
- DHI Horton D R
Horton D R (DHI) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Would California home prices tumble if tech stocks crashed?.” Reason on file: D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story
- LEN Lennar
In “Would California home prices tumble if tech stocks crashed?,” Lennar (LEN) is linked, with no stored direction, medium confidence. Reason on file: Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story
- WELL Welltower
Welltower (WELL) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Would California home prices tumble if tech stocks crashed?.” Reason on file: Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “home prices” (real estate) in this story
How “Would California home prices tumble if tech stocks crashed?” reaches Select Sector Spdr Tr (XLRE)
The 11 Nov 2026 story “Would California home prices tumble if tech stocks crashed?” names Select Sector Spdr Tr (XLRE) because of this story.
Select Sector Spdr Tr (XLRE) is on the page because Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story
State Street Spdr S&P Homebuilders Etf (XHB) is here too. Its reason reads: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “home prices” (real estate) in this story
Price levels for Select Sector Spdr Tr (XLRE)
PLD traded between 123.44 and 134.88 across 20 sessions. The latest close on file is 129.06. XHB traded between 91.93 and 104.89 across 20 sessions. The latest close on file is 101.97. XLRE traded between 40.28 and 43.70 across 20 sessions. The latest close on file is 43.64.
How solid “Would California home prices tumble if tech stocks crashed?” looks
46 out of 100Price not final
“Would California home prices tumble if tech stocks crashed?” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.