DQ News - "California November Home Sales" (12-15-06)

"A total of 39,200 new and resale houses and condos were sold statewide last month. That's down 8.3 percent from 42,750 for October and down 23.5 percent from a 51,250 for November 2005.

"Last month's sales made for the slowest November since 1998 when 37,928 homes were sold."

"The median price paid for a home last month was $469,000. That was up 0.4 percent from October's $467,000, and up 2.4 percent from $458,000 for November a year ago."

"The typical mortgage payment that home buyers committed themselves to paying last month was $2,181. That was down from $2,206 in October, and up from $2,140 for November a year ago."