Friday, December 19, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

California home price gains slow in April

By
From page B5 | May 15, 2014 |

SAN DIEGO — California home prices rose in April at their slowest pace in more than a year, while sales fell but less dramatically, a real estate research firm said Wednesday.

The median sales price of $383,000 was up 2 percent from March and 18 percent from April of 2013.

In Solano County, the median sales price of $300,000 was equal to March’s number and up 26 percent from a year ago. The 494 homes sold was down 12 percent from a year ago and was the sixth consecutive month of fewer than 500 homes sold – the longest such streak since 2008. Across the Bay Area, DataQuick said the median price was $610,000 – a $100,000 jump from a year ago – while the number of homes sold was down less than 1 percent over April 2013.

Statewide prices have jumped year-over-year for 26 months. But this was the first time in nearly 1½ years that the statewide increase was less than 20 percent, according to San Diego-based DataQuick Inc.

Nearly 38,000 homes and condominiums were sold in the state, up 15.4 percent from March. That month-to-month gain was much larger than the average increase of around 3 percent between March and April.

However, sales were down nearly 3 percent compared to April 2013. Sales have fallen on a year-over-year basis for seven months in a row, but this was the smallest decline yet, DataQuick reported.

A higher inventory of homes may have eased prices.

The latest figures from the California Association of Realtors show that California had a four-month supply of homes for sale in March, compared to a 2.9-month supply a year earlier.

There were other indicators that the housing market was improving.

“Foreclosure activity remains well below year-ago and peak levels reached in the last five years. Financing with multiple mortgages is low, while down payment sizes are stable,” DataQuick said in a statement.

Staff and wire reports

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • Recent Articles

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • .

    Solano News

     
    Sondheim’s ‘Woods’ holiday showcase for Missouri Street Theatre

    By Amy Maginnis-Honey | From Page: B1 | Gallery

     
    Groundbreakings, ribbon-cuttings play role in civic life

    By Barry Eberling | From Page: A1, 1 Comment | Gallery

    Frankye Kelly ready to spread holiday cheer

    By Amy Maginnis-Honey | From Page: B1

     
    Celebrate the magic of Christmas

    By Tony Wade | From Page: A2, 2 Comments

     
    Santas have busy week at schools

    By Susan Hiland | From Page: A3, 1 Comment

     
    Safe streets task force work nets 3

    By Ryan McCarthy | From Page: A3, 2 Comments

     
     
    Solano College approves officers, meeting schedule

    By Susan Winlow | From Page: A4

    Longtime Suisun harbor master to retire

    By Ian Thompson | From Page: A4

     
     
    Fairfield police log: Dec. 17, 2014

    By Susan Hiland | From Page: A12

     
    Suisun City police log: Dec. 17, 2014

    By Susan Hiland | From Page: A12, 1 Comment

    Police arrest 2nd suspect in Fairfield credit union robbery

    By Ryan McCarthy | From Page: A12 | Gallery

     
    .

    US / World

    Spy’s parents search for son after Cuba-US deal

    By The Associated Press | From Page: A1

     
    Hope and some fear in Cuba amid thaw with US

    By The Associated Press | From Page: A1

    Next steps on Cuba: Normalizing could take awhile

    By The Associated Press | From Page: A1

     
    Sony hacking fallout puts all companies on alert

    By The Associated Press | From Page: A1

    Sony film took aim at North Korea’s biggest taboo

    By The Associated Press | From Page: A1, 3 Comments

     
    Timeline of the Sony Pictures Entertainment hack

    By The Associated Press | From Page: A1

    Digital dilemma: How will US respond to Sony hack?

    By The Associated Press | From Page: A1

     
     
    Local emergencies in Northern California counties after rain

    By The Associated Press | From Page: A5

    California’s top utility regulator defends record

    By The Associated Press | From Page: A5

     
    ‘Pretty horrible’ scene; car slams into crowd

    By The Associated Press | From Page: A5

     
    Police: Drunk man shot while entering wrong house

    By The Associated Press | From Page: A5, 4 Comments

    Tsarnaev appears in court for 1st time since 2013

    By The Associated Press | From Page: A6

     
    President signs legislation ending Nazi benefit checks

    By The Associated Press | From Page: A7

    2 states challenge Colorado marijuana legalization

    By The Associated Press | From Page: A8, 3 Comments

     
    ‘Prison Houdini’ set to make his 1st legal escape

    By The Associated Press | From Page: A8

    Top Islamic militants killed; more US troops going to Iraq

    By The Associated Press | From Page: A8

     
    Feds sue NYC over Rikers Island jail violence

    By The Associated Press | From Page: A8

    Russian sailors leaving France without warship

    By The Associated Press | From Page: A9, 1 Comment

     
    Putin: West wants to defang, declaw Russian bear

    By The Associated Press | From Page: A10

    European court rules obesity can be a disability

    By The Associated Press | From Page: A13

     
    Suspected Islamic extremists kidnap 185 in Nigeria

    By The Associated Press | From Page: A13, 2 Comments

    .

    Opinion

    Another look at school bonds

    By George Guynn Jr. | From Page: A11, 2 Comments

     
    Editorial Cartoon: Dec. 19, 2014

    By Daily Republic Syndicated Content | From Page: A11

    News of the day strikes a chord

    By Bud Stevenson | From Page: A11, 10 Comments

     
     
    .

    Living

    Today in History: Dec. 19, 2014

    By The Associated Press | From Page: A2, 1 Comment

     
    Community Calendar: Dec. 19, 2014

    By Susan Hiland | From Page: A2

    Horoscopes: Dec. 19, 2014

    By Holiday Mathis | From Page: D8

     
    Should I use Child Protective Services threat to get back rent?

    By Kathy Mitchell and Marcy Sugar | From Page: D8

    .

    Entertainment

    Week in preview Dec. 19-25, 2014

    By Amy Maginnis-Honey | From Page: B1

     
    Sweet ‘Night at the Museum’ bids farewell to Robin Williams

    By The Associated Press | From Page: B2

     
    Craig Ferguson to end 10 years as host of ‘Late Late Show’

    By The Associated Press | From Page: B3

    Eric Idle brings ‘Not the Messiah’ to Carnegie Hall

    By The Associated Press | From Page: B3

     
    Entertainment calendar Dec. 19, 2014

    By Susan Hiland | From Page: B4

    .

    Sports

    A’s trade All-Star catcher Derek Norris to Padres

    By The Associated Press | From Page: B7

     
    Warriors beat Thunder 114-109 after Durant injury

    By The Associated Press | From Page: B7

     
    A’s acquire lefty De La Rosa from Arizona for cash

    By The Associated Press | From Page: B7

    Raiders defense depleted by injuries

    By The Associated Press | From Page: B7

     
    49ers’ Harbaugh mum on reported offer from Michigan

    By The Associated Press | From Page: B7

    49ers’ Aldon Smith hopes to build off tough year

    By The Associated Press | From Page: B7

     
    Column: Thaw in US-Cuba relations warms up MLB

    By Jim Litke | From Page: B8

    Rivera: Newton ‘probably’ will start vs. Browns

    By The Associated Press | From Page: B8

     
    Bears bench QB Jay Cutler for Clausen

    By The Associated Press | From Page: B8

    ‘Hands Up’ players to attend Ferguson Christmas party

    By The Associated Press | From Page: B8

     
    Celtics trade Rondo to Mavericks

    By The Associated Press | From Page: B8

    Rodriguez boys open Les Curry Tournament with victory

    By Daily Republic staff | From Page: B8

     
    39 bowl games and a reason to watch every one

    By The Associated Press | From Page: B8

    Signups for Friday, Dec. 19, 2014

    By Paul Farmer | From Page: B9

     
    This date in sports history for Friday, Dec. 19, 2014

    By The Associated Press | From Page: B11

    Sports on TV/Local sports for Friday, Dec. 19, 2014

    By Paul Farmer | From Page: B11

     
    .

    Business

    Roomiest Subaru Legacy debuts for 2015

    By Ann M. Job | From Page: C1

     
    Dow industrials have their best day in three years

    By The Associated Press | From Page: B6

    Ford expands drivers air bag recall nationwide

    By The Associated Press | From Page: B6

     
    Constantly changing online prices stump shoppers

    By The Associated Press | From Page: B6

    .

    Obituaries

    Lisa Dee McHughes

    By Nancy Green | From Page: A4

     
    Dominic C. Scolaro

    By Nancy Green | From Page: A4

    Ernest “Ernie” Moretti

    By Nancy Green | From Page: A4

     
    Travis Curt Price

    By Susan Hiland | From Page: A4, 1 Comment

    Jennie Ponce Reyes

    By Nancy Green | From Page: A4

     
    Patricia “Pat” Anne Stringfield-Pierre

    By Nancy Green | From Page: A4

    .

    Comics