Million-dollar home sales hit seven-year high in California
LA TIMES | by Tim Logan
The number of homes that sold for $1 million or more in California hit a seven-year high in the second quarter, and sales north of $2 million reached a new record.
That’s according to new figures from San Diego-based DataQuick, which tracks local housing markets in the state. They found million-dollar-plus sales grew at a 9.1% clip statewide compared with last year, while sales overall fell 7.4%.
Several factors are driving the high-end liftoff, market-watchers say…
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