California experiences largest annual increase in home sales since June 2021, but sales level remains below pre-COVID norm, C.A.R. reports

Existing, single-family home sales totaled 267,800 in November on a seasonally adjusted annualized rate, up 1.1 percent from 264,870 in October and up 19.5 percent from 224,140 in November 2023. November’s statewide median home price was $852,880, down 4 percent from October but up 3.8…