California homes sales drop

Despite Southern California’s biggest supply of inventory since 2014, home sales fell for the 10th consecutive. up 1.7% in a year. Sales fell 1.7%, the 13th consecutive drop. Listings were up 15%.

In all, Southern California homeowners sold 15,781 houses, townhomes and condos last month, about a third fewer than the December average of 23,445 homes, CoreLogic figures show. The sales drop.

13 days ago · U.S. existing home sales drop more than expected in June 3 Min Read FILE PHOTO: A construction worker builds a single family home in San Diego, California, U.S. February 15, 2017.

‘Buyer fatigue’ hits California home sale market as sales drop. The number of homes on the market remained low but steady, suggesting the Sacramento region and California as a whole are seeing "buyer fatigue" after six years of nonstop price increases.

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Steve Levy, director of the Center for Continuing Study of the California Economy, said permits had been steadily climbing.

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“Southern California home prices have been close to flat all year, with the median sale price up or down a hair each month.

"Southern California home prices have been close to flat all year, with the median sale price up or down a hair each month.

“Southern California home prices have been close to flat all year, with the median sale price up or down a hair each month.

House prices plunge in Canada Currently, 2019 year-to-date (YTD) home sales are 6% below 2018. 2018 ended with 442,000 home sales in California. This was 19,900 fewer sales than took place in 2017, amounting to a decrease of 4.3%. For perspective, 2018’s 442,000 homes sales volume was 41% below peak sales volume experienced in 2005.

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