Home price rebound has look of a boom

Posted on AllSides July 18th, 2013
From The Left

The housing recovery is looking more like another housing boom, with prices rising at a record pace. The median home price in Southern California surged a stunning 28% in June compared with a year earlier — outpacing any month during last decade's housing bubble. The gain puts the median at $385,000, up from $300,000 last June.

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Los Angeles Times

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http://www.latimes.com/business/la-fi-home-prices-20130718,0,129823.story

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