California Home Sales Rebound in February, Says C.A.R.

According to the California Association of Realtors, California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level was the highest in six months, and the monthly growth in sales was the highest since January 2011. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 399,080 units in February, according to information collected by C.A.R.

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