Category: Real Estate
Home sales in California were up by a large percentage, according to the report from the California Association of Realtors. Sales in December 2015 were above one year ago by 10.7 percent. The figures were up by 9.6 percent from November 2015, which had lower than expected sales.
According to the California Association of Realtors, home sales continued to increase in December. This improvement occurred in spite of fewer open houses in December and fewer sales with multiple offers. Equity sales were at the highest point since 2007, with them accounting for over 93% of total sales.