Industry News

California new-home sales tumble 45% in August

New-home price drops 7.6% compared to same month last year
Published on Oct 18, 2007

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by CareyBot

California new-home sales dropped 44.7 percent in August compared to the same month last year and the median new-home price dropped 7.6 percent statewide, the California Building Industry Association reported this week. In Southern California, sales of new and previously ...