Industry News

‘Soft landing’ runs its course in California real estate market

Sales down 11 percent from November 2004 to November 2005
Published on Dec 22, 2005

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by CareyBot

The median price of an existing home in California in November increased 16.2 percent and sales decreased 11.2 percent compared with the same period a year ago, the California Association of Realtors trade group reported today.   “The California housing ...