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A Testament To The Weak Housing Market In California
Posted on May 24, 2008
The San Francisco Chronicle reports from California. Home sales volume in California and the Bay Area increased between March and April as lower prices brought bargain hunters out of the woodwork, according to numbers released Friday by the California Association of Realtors. Statewide, the median for single-family homes was $403,870, down 32 percent from a year ago and down 2.6 percent from a month ago. In the Bay Area, the median stood at $691,930, a 17.9 percent slide from last year and a 1.8 percent dip from March. In the Bay Area, sales down 12.1 percent compared to a year ago. ...
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