C.A.R. reports March median price increased 20.8 percent; home sales increased 2.5 percent

LOS ANGELES, CA – April 23, 2010 – (RealEstateRama) — Home sales increased 2.5 percent in March in California compared with the same period a year ago, while the median price of an existing home rose 20.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.