January home sales and prices
The California Association of Realtors® (C.A.R.) reports that "Home sales decreased 12.6 percent in January in California compared with the same period a year ago."
As for prices, "The median price of an existing, single-family detached home in California during January 2007 was $559,640, a 1.9 percent increase over the revised $549,460 median for January 2006."
To read more: California January home sales