Home sales rise
California and Los Angeles County saw home sales soar in March, while prices continued their slide from a year earlier, a trade association said Monday. Gregory J. Wilcox in the Daily News.
Sales of previously owned single-family houses jumped 64percent statewide, while the median price fell 39percent to $253,050, said the California Association of Realtors.
The median price was 2.2percent higher than February's $247,590 median - the first monthly price increase since August 2007, the association said.
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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
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