Million-dollar homes in California suffer further sales drop in 2009
By L.A. Times • Feb 5th, 2010 • Category: Real Estate NewsThe number sold in the state falls 23.8%, to 18,621 from 24,436 in 2008, for a fourth year of decline in a row.
Sales of California homes priced at $1 million or more tumbled for a fourth consecutive year in 2009, according to a report released Thursday.
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