Favorable market conditions, economic improvement lead to increased home sales, higher median price

LOS ANGELES, CA – April 14, 2011 – (RealEstateRama) — Improvement in the overall economy and favorable market conditions led to increases in both the median price and home sales in March, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).


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Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Contact:

Los Angeles - Executive Office:
525 South Virgil Avenue
Los Angeles, CA 90020-1403
Phone: (213) 739-8200
Fax: (213) 480-7724

Media:

Mark Giberson
Phone: (213) 739-8304.

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