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The Housing Dilemma: Sustaining the California Housing Market

The Housing Dilemma: Sustaining the California Housing Market

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The CALIFORNIA ASSOCIATION OF REALTORS®'S Chief Executive Officer, Joel Singer, presents his annual Mid Year Luncheon address. He discusses where the market is, the long view of where the market is headed, the componentes of the housing demand, and more importantly what has to happen.
The CALIFORNIA ASSOCIATION OF REALTORS®'S Chief Executive Officer, Joel Singer, presents his annual Mid Year Luncheon address. He discusses where the market is, the long view of where the market is headed, the componentes of the housing demand, and more importantly what has to happen.

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Published by: C.A.R. Research & Economics on May 22, 2014
Copyright:Traditional Copyright: All rights reserved

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03/14/2015

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THE HOUSING DILEMMA: SUSTAINING THE CALIFORNIA
HOUSING MARKET
Mid-Year Luncheon May 1, 2014 Joel Singer, Chief Executive Officer
 
Overview
Where Are We
The Long View
Components of Housing Demand
What Has to Happen
 
Sales Retreating Since Mid-2013
California, Mar 2014 Sales: 367,000 Units, -13.2% YTD, -12.3% YTY
- 100,000 200,000 300,000 400,000 500,000 600,000 700,000
*Sales are seasonally adjusted and annualized
SERIES: Sales of Existing Single Family Homes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

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