CAR on California June Housing: Sales down 13% YoY, Listing down 25% YoY

The CAR reported: California housing market claws back past two months of losses in June as median home price sets another record high, C.A.R. reports Existing, single-family home sales totaled 339,910 in June on a seasonally adjusted annualized rate, up 42.4 percent from May and down 12.8 percent from June 2019 . After falling to the lowest level since the Great Recession, California's housing market rebounded in June with the largest month-to-month sales increase in nearly 40 years, while the median home price set another record high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said......(read more)

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