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CALIFORNIA HOME SALES GAIN STEAM IN FEBRUARY AS SHIFT TOWARD MORE AFFORDABLE AREAS TEMPERS HOME PRICES
Moderating home price appreciation and improving housing inventory combined to spur California’s housing market in February as existing home sales increased from both the previous month and year. Existing, single-family home sales totaled 393,360 in February on a seasonally adjusted annualized rate, up 2.6 percent from January and 6.4 percent above February 2015

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