"The volume of home sales is expected to climb 12.5% next year, even as doubts linger about the nation's financial markets.
Home prices across the state will continue to drop next year, even as sales, spurred by the low prices on foreclosed properties, will keep rising in 2009, according to a California Assn. of Realtors forecast slated to be released today." (2008-10-15)
October 16, 2008
California Realtors forecast lower home prices, rising sales in 2009
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