California home sales for 2010 are forecast to decline 10 percent from the 2009 sales figure of 546,500 homes sold. Sales in 2011 are projected to increase a lackluster 2 percent to 502,000 units compared with 492,000 units (projected) in 2010. After two consecutive years of record-setting price declines, the median home price in California will climb 11.5 percent in 2010 to $306,500 and increase another 2 percent in 2011 to $312,500, according to the forecast.

California Faces Gloomy 2011
UPI.com
California home sales for 2010 are forecast to decline 10 percent from the 2009 sales figure of 546500 homes sold. Sales in 2011 are projected to increase a ...
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