Higher Interest Rates Economic Uncertainty Cool California Home Sales and Prices in September C_A_R_Reports

Thursday, October 17, 2013
LOS ANGELES--(BUSINESS WIRE)--California home sales declined for the second straight month in September, following rising interest rates and economic uncertainty, which put the demand for housing on hold for buyers. Meanwhile, housing supply conditions continued to loosen up as the housing market entered its off season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. “It’s encouraging ...

 

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