According to recent data, unsold inventory in California experienced a notable decline of 6.3% on a month-over-month basis in February. This decrease suggests a tightening housing market in the state. Key points from the report include:

– Unsold inventory statewide dropped by 6.3% in February
– The data indicates a tightening housing market in California

For more details on the increase in California home sales by 12.8%, continue reading on Weekly Real Estate News. The rise in home sales demonstrates ongoing activity and interest in the California real estate market.

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