Industry News

More pain in May for California home starts, sales

Resales decline in 18 of 20 state regions
Published on Jun 29, 2007

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by CareyBot

The rate of single-family existing-home sales in California fell 25 percent in May compared to sales for that month last year, while building permits issued for single-family homes declined 40.1 percent, state Realtor and builder trade groups reported this week. ...