Home sales fall in California

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the Canadian Real Estate Association said on Monday. The industry group said actual sales, not seasonally adjusted, rose 0.3% from a year earlier, while the group’s Home Price Index was down 0.3% from.

After rebounding in May, California home sales fell below the 400,000 unit benchmark in June, declining from both the previous month and year. The California Association of Realtors reports closed.

July home sales fell to their lowest level for the month in nine years while. The California Association of Realtors last week reported that July.

But upward pressure on prices remains. The San Francisco Bay area saw the largest decline in pending home sales at 10.5 percent, while Southern California dropped 7.3 percent. The Central Valley actually gained 5.1 percent.

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That’s counter to a downward trend in sales overall, with annual deliveries expected to fall 4.6%, according to a report from the California New Car Dealers Association. tesla registrations surged to.

Analysts are reporting a downturn in Southern California home sales, but the owner of a major Pasadena real estate firm says he isn't losing.

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After rebounding in May, California home sales fell below the 400,000 unit benchmark in June, declining from both the previous month and year. The San Francisco Bay Area saw a 10 percent decline in.

Is winter coming for Southern California's housing market? Sales are falling and price cuts are more commonBy Andrew Khouri A chill is.

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The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in borrowing costs. The six-county median – the point where half.

On the sales front, the number of Bay Area homes and condos that closed in July was 7,404. employment and unemployment.

Dallas-Fort Worth topped other major Texas cities in a new home price comparison. Median home values in the D-FW area were up 5.1% year-over-year in Zillow’s July comparison. Nationwide values.