Irvine, Tustin home sales fall 11%; countywide pace slowest since 2014

Homebuying in Irvine and Tustin fell 11% as Orange County sales stalled to the slowest pace since 2014.
CoreLogic homebuying stats show May was the 10th consecutive month Orange County home sales failed to beat the pace of the year-ago period. It was also the slowest-selling May countywide in five years as sales ran 13% below their historical monthly norm. Fewer buyers cut the countywide median selling price by the largest amount in seven years.
ICYMI: OC suffers nation’s 10th largest net