Industry News

Credit crunch slams California home prices, sales

Single-family existing-home sales plummet 39% in September
Published on Oct 26, 2007

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by CareyBot

The sales rate of previously owned single-family homes fell 38.9 percent in September compared to the same month last year, while the median price declined 4.7 percent and the months’ supply bloated to 16.6 months, the California Association of Realtors ...