Continued shortage of homes on the market and seasonal slowdown send California home sales and prices lower in January, C.A.R. reports

    Continued shortage of homes on the market and seasonal slowdown send California home sales and prices lower in January, C.A.R. reports

    LOS ANGELES, CA – February 21, 2013 – (RealEstateRama) — A typical seasonal slowdown, combined with a scarcity of available homes for sale put a damper on the California housing market in January, with both home sales and median price declining from December, 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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