Home Prices Up 1.5% in Los Angeles Last Month

Most consumers and real estate professionals anticipate the last Thursday of every month. That is the day the industry standard Case-Shiller housing index report is published.

Los Angeles Market up 1.500%

Nationally, it is a critical trend watched by those who track housing data and provides a glimpse of the future. In the Los Angeles metropolitan area, home prices increased 1.500%. That figure is pretty high and bodes well for those who are hoping the real estate market picks up. On a home valued at $325,000 the increase represents approximately $5000.

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