Industry News

California new-home sales fall 31% in 2007

Median price sinks 3.8% compared to 2006
Published on Feb 15, 2008

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by CareyBot

New-home sales dropped 31.1 percent in 2007 compared to the prior year in California and the median price of new homes dropped 3.8 percent, the California Building Industry Association and Hanley Wood Market Intelligence reported today. The median price for ...