More Southern California homes sold in March than did a year earlier, and price declines slowed as the spring selling season got underway and more traditional home buyers entered a market that has seen record numbers of investors.
Wednesday, April 18, 2012
Home sales in Southern California climb, price declines slow
Home sales in March increased 2.8% year over year to 19,953 homes in the region, DataQuick reported, while the median home price of $280,000 was essentially flat, down just 0.2% from March 2011.
More Southern California homes sold in March than did a year earlier, and price declines slowed as the spring selling season got underway and more traditional home buyers entered a market that has seen record numbers of investors.
More Southern California homes sold in March than did a year earlier, and price declines slowed as the spring selling season got underway and more traditional home buyers entered a market that has seen record numbers of investors.
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