Single-family home sales in the state soared in July on a year-to-year basis. There were 449,530 home sales in July. That represented a 2.7% increase from June but a whopping 12.7 increase from July 2014.
The continued growth was attributed to “sustained job and income growth”. The July figures are the highest in three years and extend the home sales “winning streak” for six straight months.
If you want to participate in the market here in Los Angeles, one of the strongest in the country, give us a call. We are here to serve your real estate needs.