Area Home Prices Plunge 19% in April

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May's home prices for the Los Angeles-Long Beach-Glendale area dropped 19.18% compared to a year ago.

But that's not so bad, considering March's year-over-year decline for this area was 24.94%, according to First American CoreLogic, which tracks housing.

National housing prices fell 10.2% in April compared to a year ago, representing the smallest year-over-year decline recorded in 2009, First American CoreLogic said.

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This page contains a single entry by Muhammed El-Hasan published on June 24, 2009 11:46 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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