New Home Sales Data Released

Our state affiliate, the California Building Industry Association, released a report yesterday showing 414 new home sales in Riverside and San Bernardino counties in April 2010.  That represents a 38.8% decrease from April 2009, but a 1.7% increase from March. Let's hope that March-to-April increase is a trend. The median price for new homes sold held flat from March to April at $282,425 in the Inland Empire; that represented a 3% decrease from April 2009.

Read the North County Times story

Read the CBIA press release

View the data