Property Radar says "flat is the new black" of lack of seasonal sales growth

Slowing California home sales could have several causes
  • California's housing market showing signs of slowing, which could be seasonal, or buyer's resistance to ever-climbing prices.
  • October sales fell 2.9 percent to 35,182 from a revised 36,232 in September. Year-over-year, sales were down 1 percent from 35,541 in October 2014.
  • Price appreciation, also strong in the first half of the year and lagging of late, remains in the most affluent counties.

Are buyers finally resisting unrelenting price increases in the California home market? Or, is it just that time of year for sluggish home sales?