Only “Number Jesters” report 2Q economic growth at 4% pace

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation
W S
The Ticker

California home sales drop in August

california

According to the Central Valley Business Times, California single-family and condominium sales, including distressed and non-distressed properties, declined 1.8% in August from July, while increasing 1.5% year-over-year.

“What caught my eye this month is both sales volume and prices fell simultaneously for the first time since January,” says Madeline Schnapp, director of economic research for PropertyRadar. “The pop in borrowing costs beginning mid-June has definitely impacted market activity, reducing demand and pushing down prices.”

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus