California’s Median Home Price Hits Another Record High in June
A lack of homes for sale continued to drive Golden State prices in June, with the nine-county Bay Area posting double-digit percent annual appreciation for the 12th straight month.
The California Association of Realtors’ latest monthly home sales and price report says that the state’s median single-family home price was $602,760 in June, a year-over-year gain of 8.5 percent. June marked the second month in a row that state home prices reached a new peak. California home prices have risen on an annual basis for more than six years and currently show no signs of leveling off, according to CAR. Read full article @elizabethGkilgore
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