Talking Points
- The Southern California six-county region’s median home price reached $465,000 last month, up 5.9 percent from November 2015, real estate data firm CoreLogic said. Sales soared 24.1 percent.
- The strong sales jump happened largely because last year’s new lending regulations delayed deals that otherwise would have closed in November 2015, noted CoreLogic analyst Andrew LePage.
- Median prices climbed, year-over-year, in all six counties: In Los Angeles County, the median price rose 8.4 percent to $530,000; in Orange County, 5.9 percent to $660,000; in Ventura County, 2.9 percent to $525,000; in San Bernardino County, 5.7 percent to $295,000; in Riverside County, 6.8 percent to $340,000; and in San Diego County, 5.6 percent to $495,000.