January Home Sales and Price Report
C.A.R.
California’s housing market started the year on a high note, following up on December’s strong showing with higher sales both on a monthly and yearly basis in January, 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 420,100 units in January, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2017 if sales maintained the January pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
About author
You might also like
Lots: Builder’s Two Big Questions in 2017
Two difficult questions confront home builders and residential developers amid the uncertainty of the moment, and we’ve been hearing them in the aisles and off the floor during the home
Chinese Money in the U.S. Housing Market
The influx of Chinese money into the US housing market continues to be one of the key dynamics in play thus far during the housing recovery. This article in the
Spring Selling Season Starts Off on Right Foot
Although recent existing home sales data has not been that encouraging, new homes sales as reported by the builders would seem to indicate that the spring selling season is off
