California Home Sales off 24% YoY in August, Prices Up Only 1.4% YoY; August Existing Home Sales Forecast

Here is the press release from the California Association of Realtors® (C.A.R.): August home sales and price notch higher amid temporary rate reprieve, C.A.R. reports

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 313,540 in August, according to information collected by C.A.R. …