Bolstered by strong sales in higher-priced regions, California median home price records largest year-to-year gain since 1980, C.A.R. reports

    Bolstered by strong sales in higher-priced regions, California median home price records largest year-to-year gain since 1980, C.A.R. reports

    LOS ANGELES, CA – June 18, 2013 – (RealEstateRama) — Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, the CALIFORNIA ASSOCIATION OF REALTORS ® (C.A.R.) reported

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    Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

    Contact:

    Los Angeles - Executive Office:
    525 South Virgil Avenue
    Los Angeles, CA 90020-1403
    Phone: (213) 739-8200
    Fax: (213) 480-7724

    Media:

    Mark Giberson
    Phone: (213) 739-8304.

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