Sacramento-area home prices dipped lower last month, and sales tumbled by almost 45 percent from a year ago, according to a report released Thursday.
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Sacramento-area home prices dipped lower last month, and sales tumbled by almost 45 percent from a year ago, according to a report released Thursday.
Read more about “Home sales drop almost 45 percent in past year”
The state's unsold inventory index for existing, single-family detached homes in July was 7.5 months, more than double the 2.9 months for the same period a year ago, according to a report released Thursday by the California Association of Realtors.
Read more about “State's unsold home inventory index up to 7.5 months”
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New home sales for July are down just under 22 percent nationally compared with the same month a year ago, adding to the national and regional housing slowdown.