California’s housing market kicked off the new year with a bounce back in sales from December’s four-month low, as housing demand remained strong by pre-pandemic standards, reveals the California Association of Realtors (CAR).
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 444,540 in January, according to information collected by CAR from more than 90 local REALTOR associations and MLSs statewide. The statewide annualized sales figure