Sales Data Fuels Case for Slowing Housing Market - 2005-02-14
January’s slowdown in home prices is being viewed by some economists as a sign of a weakening housing market, but realtors say that buyers are still getting into heated bidding wars.
Last month, the median price of an L.A. County home climbed 17 percent year-over-year to $414,000 – the smallest increase in nearly two years, according to DataQuick Information Systems.
Read the full story at Los Angeles Business Journal