CA Single Family Residence and Condominum Sales – Dec 2005 – 2013
March 13, 2014
California single-family home and condominium sales fell 1.4 percent in February 2014 from January and declined 16.1 percent from February 2013. Last month marked the lowest February sales since 2008. “Rapid price increases and rising interest rates in concert with sluggish income and employment growth have slowed demand…” said Madeline Schnapp, Director of Economic Research for PropertyRadar. “Tougher borrowing standards, elevated prices, increasing borrowing costs and historically low inventory continue to exert a drag on market activity.”
Home Sales
Year-over-Year Home Sales
See the CA Single Family Residence and Condominum Sales comparison December 2013
To view more charts see Property Radar February Report.
