March Home Sales Down 25%

Summary


Home sales statewide dropped nearly 25 percent in March compared with a year ago, while the median price of an existing home plummeted 29 percent, the California Association of Realtors reported Friday.

A total of 318,830 existing single-family homes sold in March, compared with 422,300 homes a year earlier.

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March Home Sales Down 25%

The median price l...

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