CALIFORNIA HOME PRICES REACH 4 YEAR HIGH

October 15, 2012

Persistently declining for-sale home inventory helped push the median price of California homes up to its highest level in four years in August. Closed sales of existing single-family homes in the Golden State also saw gains, rising 2.3 percent on an annual basis in August to a seasonally adjusted annualized rate of 511,240 units. That’s…
Read more