California home sales reach five-month high as mortgage rates hit lows, C.A.R. reports
By: Existing, single-family home sales totaled 279,810 in July on a seasonally adjusted annualized rate, up 3.6 percent from 270,200 in June and up 4.1 percent from 268,840 in July 2023.July’s statewide median home price was $886,560, down 1.6 percent from June and up 6.5 percent from $832,530 in July 2023.Year-to-date statewide home sales inched…