Tag Archives: Southern California home sales inch higher

January home sales in Southern California inched higher while prices fell — a trend occuring in other parts of the U.S. across the nation — as traditional buyers retreated and investors snapped up homes at a record level. More than 14,523 new and resale houses and condos sold in January in the six counties that comprise Southern California, according to DataQuick. The figure held steady from a year earlier when home sales totaled 14,458, but fell 24.5% from 19,247 in December. Sales increased year-over-year for the last six months, except […]