CAR - "C.A.R. reports sales decrease 15.3 percent in December, median price of a home in California at $567,690, up 3.7 percent from year ago" (1-25-07)

“The market continues to level out as buyers and sellers search for common ground in today’s more balanced environment,” said C.A.R. President Colleen Badagliacco. “The number of homes for sale peaked in June and July and has since edged downward. Although time on the market remains higher than it was a year ago, competitively priced homes continue to sell well.”