California Association of Realtors reports sales increased 43.4 percent in July 2008

LOS ANGELES (Aug. 25) – Home sales increased 43.4 percent in July in California compared with the same period a year ago, while the median price of an existing home fell 40.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

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http://www.car.org/newsstand/newsreleases/july08salesandpricereport/?view=Standard