The California Association of Realtors’ (C.A.R.) Pending Home Sales Index dropped just 0.5 percent from 114.4 in March to 113.8 in April. This is down considerably from the 121.1 revised index recorded this time last year.
All real estate transactions listed in Home Sales were supplied to the Alameda Sun by CalREsource. Neither the Sun nor CalREsource guarantees the accuracy, timeliness or completeness of the information.
A British-born architect whose name we associate with the Arts and Crafts movement designed the house that Girls Inc. of the Island City call home today.
Pending home sales are forward-looking indicators of future home sales activity, providing information on the future direction of the market.
California home sales fell in February, but housing inventory increased as sellers gear up for the spring home-buying season, the California Association of Realtors (C.A.R.) reported on March 17.
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