California statewide pending home sales continued to build momentum in July, showing signs of strength, portending fall improvement in market.
California Pending Sales Index, July 2016
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California statewide pending home sales continued to build momentum in July, showing signs of strength, portending fall improvement in market.
After a couple months of lackluster growth in transaction volume, California existing home sales rose to their highest level in nearly four years in June, as sales surpassed the 400,000 mark for the fourth consecutive month.
Building on April’s gain, California pending home sales continued to rebound on a year-to-year basis. The statewide pending home sales index rose 3.8 percent in May on an annual basis to 136.5 percent.
California housing market maintains momentum in May. Existing home sales edged up for third straight month. PDF Download
California Pending Sales – April 2016 Download as a PDF
California Sales – April 2016 Download as a PDF