Southern California home sales crash, a warning sign to the nation
[CNBC] - Sales of both new and existing houses and condominiums dropped 11.8 percent year over year, as prices shot up to a record high, according to CoreLogic.
- The median price paid for all Southern California homes sold in June was a record $536,250, according to CoreLogic, a 7.3 percent increase compared to June of 2017.
- In the past, California, one of the largest housing markets in the nation, has been a predictor for the rest of the country.
Posted by: Fred 2018-07-26 |