Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Southern California home sales increased slightly for the third straight month in October, led by strong sales in the Inland Empire and increased regional inventory levels, according to DataQuick Information Systems, a real estate information company. Price appreciation rates remained in the mid-teens. A total of 28,489 new and resale homes were sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 10.2 percent from 31,470 in September, but up 1.1 percent from 28,189 for October last year, DataQuick reported. While sales declined on a year-over-year basis during the first half of this year, they have increased since August. So far this year 299,109 homes have been sold, down 0.1 percent from 299,421 for the same 10 months last ...