It’s a bit too early in the month to look back on June for any trends in Redding area home sales. But it seems to us like sales were up a bit, locally. We’ll publish more on that later, but meanwhile this chart came across our desk. This is statewide home sales for May.
The right hand column was most interesting. Prices are up and sales are down, over last year. Inventory is up. And interest rates are up a bit. It’s taking longer to sell a home, as well.