A Quick Summary of O.C.-L.A. Housing Numbers
Posted December 1, 2009
By Sylvia Walker
According to S&P/Case-Shiller, the Los Angeles-Orange County metropolitan area September housing prices were up 0.8% from August. September’s increase in home price marked the fourth month in a row that Orange County housing prices increased. However, prices are down by 9.0% from last year. In addition, home prices in the Los Angeles-Orange County area are still 70% to 80% above what they were in 2000.
Note: Case-Shiller uses paired-sales comparisons for their analysis.
Source: “Another up month for home prices” by Jeff Collins, OC Register