Pending home sales numbers drop again, worrying California market analysts.

By Rose Meily |
Published: June 9, 2017 at 1:45 pm
Updated: June 9, 2017 at 2:03 pm

Consistent with the slowdown in April’s closed home sales, low housing inventory and eroding affordability suppressed pending home sales for the fourth straight month, the California Association of Realtors has announced. The state Realtor group’s April Market Pulse Survey shows mixed results, with Realtors reporting an increase in floor calls and less open house traffic for the fourth straight month.

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