New Single-Family Home Sales Decline in April
Robert Hughes Sales of new single-family homes fell in April, decreasing 5.9 percent to 863,000 at a seasonally-adjusted annual rate from a 917,000 pace in March. Sales are still up 48.3 percent from the year-ago level but have fallen in five of the last nine months (see top of first chart). Weakness over the last […]
Southern California home sales see record drop in prices, Hamptons not far behind
By Brittany De Lea Southern California’s housing marketOpens a New Window. saw a sharp decline in sales last month, as the median priceOpens a New Window. hit a new high. According to recent research from data analytics company CoreLogic, about 20,790 new homes and condos were sold during the month of June in San Diego, Los Angeles, Ventura, San Bernardino […]
