Year-over-year existing home sales have been growing in the capital region for three straight months, but homebuilders are seeing their year-over-year sales still declining.This new May report from the California Building Industry Association shows May sales in the capital region (El Dorado, Placer, Sacramento, Yolo) are down 28.5 percent from May, 2007.
New home sales in Yuba and Sutter counties are down 60 percent from May 2007.
Statewide, year-over-year sales are down 51 percent.
Image: hbisononline.com
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