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Outstanding June Sales nudge California Closer to Normalcy
Monday, August 10, 2015
The drought and raging wildfires appear not to be dampening the enthusiasm of people who wish to live in
California. CoreLogic reports that the
state had the highest number of home sales in nine years in June and that sales
jumped more from May to June than in any month in nearly three years.
Andrew LePage, writing in the CoreLogic
Insights blog says home sales, both
new and existing, totaled 46,095 in June, a 10.8 percent increase from May and
up 16.8 percent from June 2014. The last
time June sales were higher was in June 2006 when 59,018 homes sold. June 2015 bested sales in every month since
September 2006 when 46,464 transactions closed.
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