Home Sales Decline 4.0 Percent in July; Median Home Prices Unchanged, Highest Since November 2007

Caliornia -- California single-family home and condominium sales fell 4.0 percent to 41,143 in July from 42,872 in June but were up 10.6 percent from 37,196 in July 2014. Driving the increase in year-over-year sales was the 14.2 percent increase in non-distressed property sales. Meanwhile, distressed sales retreated 6.6 percent.  Despite the July pullback, distressed […]