L.A. and O.C. Home Prices Jump 6.1% While Downtown Los Angeles Home Prices Jump 8.2%
The Los Angeles times reports that home prices in Los Angeles and Orange counties posted strong gains in July, rising 6.1% from a year earlier. That was larger than the 4.7% increase seen nationally, the Standard & Poor’s/Case-Shiller index showed. Compared with June’s figures, prices inched up 0.4% in the L.A. area. Downtown prices of …