Comment on California housing market on rebound, data show

California housing market on rebound, data show

Home prices rose 10% in February compared with the same period last year as fewer foreclosures came to market, new figures show. It was the third straight month of improved median sales prices. Southern California's housing market gained ground in February with fewer foreclosures hitting the market and prices rising 10% from the same month one year ago, according to data released Tuesday.

 

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