C.A.R. reports sales decrease 22.2 percent in November, median price of a home in California at $555,290, up 1.4 percent from year ago

Date January 2, 2007

Home sales decreased 22.2 percent in November in California compared with the same period a year ago, while the median price of an existing home increased 1.4 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
“After fairly steep declines in sales during the first half of the year, the market appears to have stabilized at [...]