• Home
  • Housing Market
  • Slight Slowdown in Sales but Continued Stability in California Housing Market
Slight Slowdown in Sales but Continued Stability in California Housing Market
June 17, 2015

Slight Slowdown in Sales but Continued Stability in California Housing Market

Existing home sales softened in May to 423,360 units from 427,880 in April. Nevertheless, the May number was 8.9% above the figure from May 2014 and represented the second highest level in nearly two years. The 1.1% dip does not appear to be any cause for concern as the spring selling season appears to be strong and outperforming the prior year.

Read More

Previous MBK Set to Open in Gardena
Next Pull Back in Housing Starts but Rise in Permit Activity
Tags california
Category Housing Market

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

9 Real Estate Trends To Expect in 2017

Housing Market

Forecast: 2017 New-Home Sales Up 10%

Housing Market

Homebuilder Sentiment was Unchanged in November