Home sales at 3-year high across California as prices drop

Buyers are taking advantage of falling prices to push California home sales to their highest level in over three years, the California Association of Realtors announced Tuesday.

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Closed escrow sales of existing, single-family detached homes rose 1.9% in November over October’s numbers, and are up 2.6% year-over-year to their highest level since September 2022…

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