Wednesday, June 21, 2017

L.A. County Median Home Price Breaks Record Set During Last Decade's Housing Boom



According to a report released today by CoreLogic, the Los Angeles county’s median price in May rose 6.8% from a year earlier to reach $560,500 as sales jumped 4.8%.

This puts the median price above the summer 2007 previous high of, $550,000.

This is not what a recession looks like.

 -RW

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