Thursday, September 16, 2010

California housing prices on the rebound

California housing prices on the rebound

chart_cali_housing_3.top.gif By Les Christie, Staff writer


NEW YORK (CNNMoney.com) -- The national housing market is shrouded in uncertainty. But in California, there are glimmers of stability.

Home prices are rising in virtually every corner of the state. They've climbed for nine consecutive months, and in July posted a 10.4% gain year-over-year. That puts the state's median price at $315,000 -- nearly twice the national median of $183,000.

Complete article:


http://money.cnn.com/2010/09/15/real_estate/california_home_price_rebound/index.htm

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