CA Home Sales, Prices Moderate in March

The lowest interest rates in more than a year boosted California's housing market and kept home sales level in March after an exceptionally strong performance the previous month, 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 397,210 units in March, according to information collected by C.A.R. from more than 90 local REALTOR^®associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2019 if sales maintained the March pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales. READ MORE

CA Home Sales, Prices Moderate in March

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CA Home Sales, Prices Moderate in March

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