Summary
Los Angeles County's median home price in December backed away from November's record high but still showed substantial gains from 2003, according to an industry report released Tuesday.
The county's median price for an existing single-family home was $463,450 in December, up 22.8 percent from a year earlier but down 2.4 percent from a historic high set in November, the California Association of Realtors reported.See the full content of this document
Extract
Home Prices Cooling
"This is the time of year when the market tends to drop back a little bit," said Robert Kleinhenz, CAR's deputy chie...
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