by Calculated Risk on 11/16/2021 02:04:00 PM
Today, in the Real Estate Newsletter: October California Home Sales
Excerpt:
Sales Down 10.4% YoY. Active Listings down 18.3%
…
California is a key market, and sometimes we see trends in California early. Unfortunately the C.A.R. doesn’t release monthly sales or inventory numbers. Not Seasonally Adjusted (NSA).
…
“October’s sales pace dipped 0.9 percent on a monthly basis from 438,190 in September and was down 10.4 percent from a year ago, when 484,510 homes were sold on an annualized basis.”
…
California is a key market, and sometimes we see trends in California early. Unfortunately the C.A.R. doesn’t release monthly sales or inventory numbers. Not Seasonally Adjusted (NSA).
…
“October’s sales pace dipped 0.9 percent on a monthly basis from 438,190 in September and was down 10.4 percent from a year ago, when 484,510 homes were sold on an annualized basis.”
“California’s Unsold Inventory Index (UII) dipped on a month-to-month basis for the first time in four months, as active listings fell 18.3 percent from last year.”
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