County median home prices still climbing - 2004-03-20
Los Angeles County's median home price touched $352,000 in February, a surge of nearly 24 percent from a year earlier.
"We hadn't anticipated numbers this strong, but, then again, we thought mortgage interest rates would edge up a bit, not down,' DataQuick President Marshall Prentice said. "The thinking is that today's activity may be drawing from future sales activity, that buyers want to get in while the interest rates are low.'
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