According to the National Association of Realtors, national existing home sales came in at a record setting annual pace of 7.33 million homes as measured in June. And according to the California Association of Realtors, statewide home sales are up 3.6% as compared to June of 2004.
Sales activity in the San Francisco Bay Area, however, fell 11.1% as compared to June of 2004 (up 15.5% from last month). And the median sales price increased to $734,610 (+1.8%), reversing last months downward slide.
· Existing Home-Sales Smash Record Again [NAR]
· June 2005 Regional Sales and Price Activity [CAR]

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