C.A.R. Reports June Median Price Increased 13.6 Percent; Home Sales Decreased 4.2 Percent

22 July 2010, 11:15 am

LOS ANGELES, CA--(Marketwire - 07/22/10) - Home sales decreased 4.2 percent in June in California compared with the same period a year ago, while the median price of an existing home rose 13.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) reported today. "Buyers who scrambled to close escrow in May to take advantage of federal and state tax credits before they expired impacted the ...... Read More »

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