Report: Home Prices Rise

Previous Entry | Next Entry
By
Muhammed El-Hasan
on July 13, 2010 9:23 AM | | Comments (0) |

The price of homes in the Los Angeles-Long Beach-Glendale area rose 5.6 percent in May compared to a year earlier, according to Santa Ana-based CoreLogic, which tracks the real estate industry.

May's performance builds on April's increase of 4.2 percent year over year.

Nationwide, home prices have risen on an annual basis four months in a row. In May, the nation saw a 2.9 percent rise in price for May compared to the same month last year.

California saw the highest home price appreciation for May, at 7.9 percent. That was followed by Virginia (6.8 percent), Massachusetts (5.7 percent), Rhode Island (5.5 percent) and Vermont (5.1 percent).

Tags:

Leave a comment


Type the characters you see in the picture above.

About this Entry

This page contains a single entry by Muhammed El-Hasan published on July 13, 2010 9:23 AM.

Former Soviet Plane Maker Vying for U.S. Tanker Contract was the previous entry in this blog.

Former Toyota Exec Joins Rival is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.25

Search

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

Subscribe to RSS feed

Links

Advertisement