California’s Low Listing Inventory Becomes an Issue as Home Sales Rise to Highest Levels in Three Years

Los Angeles, CA (Los Angeles, CA) — The California Association of Realtors (C.A.R.) reported today that California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pa
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California Home Sales in August Uptick 8.6%, Median Price Now Highest in 2011

According to the California Association of Realtors (CAR), California home sales posted an increase from both the previous month and previous year in August, while the median home price rose to its highest level this year. Closed escrow sales of existing, single-family detached homes
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