Prices have dipped for eighth out of the last nine months.
“A brief interest rate reprieve and softer home prices during January created a window of opportunity for homebuyers to dip their toes into the home-buying waters, which helped boost home sales to the highest level in five months,” said Jennifer Branchini, the association’s president and a Bay Area Realtor.The California median was $735,480, off 2.1% in a month. Prices have dipped in eight out of the last nine months.
Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at
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