Industry NewsMarkets & Economy

Home sales double in California

Median price sinks 40% year-over-year in October
Published on Nov 25, 2008

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by CareyBot

Sales of resale single-family homes in California more than doubled in the past year -- rising 117 percent in October 2008 compared to the same month last year -- the statewide Realtors trade group reported today, while the statewide median price plummeted about 40 percent.