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Monthly Archives: July 2013

Low Inventory Behind June’s Dramatic Rise In Southland Home Prices

Underneath the spectacular home price gains in the Southland this year is a story of supply and demand. On Tuesday, the real estate research firm DataQuick reported a 4.6% increase month-over-month in the median home price and a whopping 28.3% jump from the same month last year to hit $385,000. That was the highest year-over-year Read More

Home Price Surge Will Accelerate Next Month

There is a remarkable degree of agreement among prevalent purveyors of Home Price Indices that prices this spring have risen higher and faster than in any period since early 2006. Joining the chorus today, CoreLogic said today that its Home Price Index (HPI) rose 12.2 percent in May compared to May 2012, marking the biggest Read More