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More stories about CALIFORNIA

Top 10 Markets for New Residential Construction

Housing starts numbers out today surprised many observers with its strength at the highest in eight months, but Metrostudy finds it to have been in line with actual counts released earlier this month. Metrostudy chief economist Brad Hunter breaks down the New Residential Construction release from the Census, including a look at the top ten markets leading in growth in quarterly starts.

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Yuba City, CA Dashboard Reports

Yuba City, CA - May 2014 - Figures for New Home Closings Rise Year-Over-Year in May After Decline Year-Over-Year in April

New home sales rose from a year earlier in Yuba City, CA in May after sales decreased last month. Average prices of new homes moved up, rising 24.2%. Real Estate Owned (REO) closings as a percentage of existing home closings dropped, falling 7.8% percentage points.

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Santa Cruz, CA Dashboard Reports

Santa Cruz, CA - May 2014 - Figures for New Home Closings Suggest Market Decline is Subsiding

New home sales fell in Santa Cruz, CA in May. Average prices of new and existing homes moved up, rising 29.1%. The percentage of new home closings belonging to attached homes dropped, falling 23.8% percentage points. The percentage of new home closings belonging to single family homes rose, climbing 23.8% percentage points. Mortgage amounts on new homes dropped 18.3%.

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Santa Barbara, CA Dashboard Reports

Santa Barbara, CA - May 2014 - New Home Closings Numbers Suggest Market Decline Getting Steeper

New home sales fell in Santa Barbara, CA in May. Average prices of new homes dropped 35.8%. The percentage of new home closings belonging to attached homes dropped, falling 24.2% percentage points. The percentage of new home closings belonging to single family homes rose, climbing 24.2% percentage points. Average prices of new and existing homes moved up, rising 2.1%.

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