Industry News

Sales down but prices, inventory rise in California

CAR: tighter lending standards, affordability dent sales
Published on Jul 26, 2007

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by CareyBot

Sales of existing homes in California in June fell 24.7 percent from a year ago, but median prices still eked out a slight gain for the year. Existing, single-family detached homes sold at a seasonally adjusted annual rate of 364,284, ...