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Get ready for the
healthiest spring home-buying season since 2007, according to Freddie
Mac's U.S. Economic and Housing Market Outlook for March.
Sales in our Beach Cities
remain strong although inventory continues to be
constrained. With the spring home-buying season upon us, the
recent highs in the stock market are a welcome signal of better times
ahead.
New construction is on
the rise relative to last year. Existing home sales here in the West rose
2.6 percent to a pace of 1.20 million in February and are 1.7 percent
above a year ago.
The statistics below are
for the nine South Bay cities and include data for both
(1) Single Family Residences and (2) Condos and Townhouses.
Just click on the information you want and the chart will pop up!
Sources:
Freddie Mac
C.A.R.
N.A.R.Media Contact:
Walter Molony
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