Housing Prices Rise, Sales Cooling In So. California

The region posts a 20.4% year-over-year increase in prices in August, but only Riverside and San Bernardino show gains in the number sold.

1 minute read

September 17, 2004, 8:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


Led by strong gains in the Inland Empire, the median price of a Southern California home hit a record $407,000 in August, a 20.4% increase from a year earlier, DataQuick Information Systems reported Wednesday. But signs of a cooling trend, both in the numbers and in the market, were abundant.

Thanks to G. Edward Freeman

Thursday, September 16, 2004 in The Los Angeles Times

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