Industry News

California new-home sales sink 46% in October

Median price of new single-family home drops 10.8%
Published on Dec 14, 2007

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by CareyBot

New-home sales dropped 45.6 percent in California while median new-home prices fell 10.8 percent in October compared to October 2007, the California Building Industry Association and Hanley Wood Market Intelligence reported today. The groups reported 3,292 new-home sales statewide for ...