Southern California median home price surges 22.5%
Tuesday, June 15, 2010 - 13:50
in Mathematics & Economics
The May increase to $305,000, compared with the year-earlier level, mostly reflects a rush by buyers to take advantage of federal and state tax incentives, MDA DataQuick reports. It's the first time in 20 months the figure has topped $300,000. The Southland's housing market surged in May, with the median home price soaring 22.5% from its year-earlier level as federal and state tax...