California's October home sales slide 40% Premium Content

Median resale home price falls 9.9%; housing starts off 28%

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The rate of sales for single-family, detached resale homes plummeted 40.2 percent in California in October compared to the same month last year, while the median price dropped 9.9 percent the California Association of Realtors trade group reported Wednesday.

And the California Building Industry Association reported that total housing starts in the state fell 30.9 percent from January through October in California compared to the sam

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