Fueled by tax incentives, California home sales rose in May, helping lift the Golden State’s median home price by 20.9% from its year-earlier mark. The median was $278,000 last month, MDA DataQuick of San Diego said, a 9% increase from April.
California home prices jump 20.9% in May
Most Popular Articles
Latest Articles
Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
