California homes sales drop

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June marked the slowest home sales month for California in four years. The state saw an almost 10 percent year-over-year drop in transactions, according to a report by CoreLogic.

C.A.R.’s California & County Sales & Price Report for detached homes are generated from a survey of more than 90 associations of REALTORS and MLSs throughout the state, representing 90 percent of the market.

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The Southern California median home. sales data corelogic released friday reflect deals that closed in March, meaning many buyers would’ve entered escrow in February and late January – a slower.

Southern California home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses and condominiums dropped by 11.8 percent.

California’s housing market logged its slowest June home sales in four years and the sharpest year-over-year decline in transactions – almost 10 percent – in nearly two years as the median price paid for a home statewide hit a record high.

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The number of homes sold in Southern California fell from January to February, with a decline of 6.1 percent in Los Angeles County, according to a new report from real estate tracker CoreLogic.

California’s Housing Market Forecast. This report covers key housing market data including California home prices, sales, recent trends from CAR, NAR, Statista, Zillow and more, and predict what might be next for 2020.. Unlike many other US housing markets, California real estate prices have sagged, and the experts believe taxes and departing businesses are the reason.

New home sales in the Southern California counties notched their weakest June since 2014. In the region, sales of newly-built homes were 46.9 percent below the average for the month since 1988.

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The largest active listings median price drop in November came in Denver, where the drop was just shy of 12 percent, followed by Salinas, California, at 7.31 percent, Boulder, Colorado at 6.24.