Industry NewsMarkets & Economy

California home-sales rate outpaces ’08

Pace of resales up 83% as median price falls 41%
Published on Mar 26, 2009

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by CareyBot

The sales pace for previously owned single-family homes in California soared 83 percent year-over-year in February while the median price plunged 40.8 percent, the California Association of Realtors reported this week.