Local home prices also increased 3 percent over July. Sales rose 23 percent over last August in Orange County but were just short of a 2 percent hike over last month.
Statewide, prices also went up, with the median reaching a 4-year-high. Sales hit 5 consecutive months of year-over-year gains, CAR said in its monthly report..But housing inventory was down by a third from last year.
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