Industry News

California real estate sales drop 21%

Price appreciation strong despite more inventory
Published on May 26, 2006

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

The median price of an existing home in California increased 10.2 percent in April while sales decreased 21.4 percent compared to the same period a year ago, the California Association of Realtors reported Thursday. Closed escrow sales of existing, single-family ...