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California home sales bounce back in May as homes sales increase 2.6 percent from last year. San Francisco Bay Area’s median price of single family homes was $899,730 increasing 6.0 percent from last year. Sales in the Bay Area increased
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