California housing market continues to post strong gains in May, home sales...

California housing market continues to post strong gains in May, home sales rise to highest level in more than three years; low inventory a critical issue

LOS ANGELES, CA – June 18, 2012 – (RealEstateRama) — California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pace, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

SHARE

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.

Previous articleMAYOR BLOOMBERG, HUD SECRETARY DONOVAN, HPD COMMISSIONER WAMBUA, ROSE COMPANIES AND PHIPPS HOUSES ANNOUNCE GRAND OPENING OF VIA VERDE AFFORDABLE HOUSING DEVELOPMENT
Next articleKennedy Wilson Adds 251-Unit Los Angeles Area Property to Multifamily Portfolio