Tuesday, February 28, 2006

January Home Sales Down

The California Association of Realtors® (C.A.R.) reports that "The median price of an existing home in California in January increased 13.8 percent and sales decreased 24.1 percent compared with the same period a year ago".

While the market is slowing, the CAR is predicting an increase in sales as we head into the historically more active spring market.

To read more: January 2006 home sales in California.

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