Our Real Estate Blog

Southland median home price holds to $250,000 in February

May 2nd, 2009 7:36 AM by Lehel Szucs

Southland median home price holds to $250,000 in February

The figure is unchanged from January but is down 39% from a year earlier. Lower prices boost sales 41%.
By Peter Y. Hong
March 18, 2009
Home prices in Southern California held steady in February for the first time in nearly a year, figures released Tuesday show, as low prices brought buyers back into the market.

At the same time, home construction rose nationwide last month, helping spark a rally on Wall Street.

 
Posted in:General
Posted by Lehel Szucs on May 2nd, 2009 7:36 AM

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