California Homebuying Season Extends Into Fall as Home Sales & Prices Remain Elevated C.A.R. reports ...Middle East

Los Angeles, CA…Continued record low mortgage interest rates sustained California’s housing market in October as home sales and prices took a breather from September’s record high levels and still recorded double-digit increases from a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 484,510 units in October, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2020 if sales maintained the Oc

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California Homebuying Season Extends Into Fall as Home Sales & Prices Remain Elevated C.A.R. reports ...Middle East

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