CAR on California August Housing: Sales up 15% YoY, Active Listings down 50% YoY, Sales-to-date Down 7% Compared to 2019

The CAR reported: California housing market continues recovery as median home price breaks $700,000 mark, C.A.R. reports California's housing market continued to improve in August as home sales climbed to their highest level in more than a decade as the median home price broke last month's record and hit another high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 465,400 units in August, according to information collected by C.A.R. from more than 90 local ......(read more)

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