Industry News

Southern California home sales hit 9-year low

Price appreciation in July slows to 4.9% year-over-year
Published on Aug 15, 2006

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by CareyBot

Southern California home sales declined for the eighth consecutive month and hit the slowest pace in nine years, while the rate of home-price appreciation fell to the lowest level since fall 1999, according to DataQuick Information Systems, a real estate ...