Los Angeles County Home Price Gains Tops In The CountryBlog, Buying, Community News, Market Updates
Los Angeles County house prices jumped 12.2 percent in January from the year before, the second-biggest gain among large U.S. metro areas, housing data firm Core-Logic. The increase is the biggest annual price gain in single-family homes since April 2006, figures from the Irvine-based data firm show. Los Angeles County house prices have risen for eight consecutive months. Orange County had the nation’s fourth-highest price increase in January, with single-family homes selling for 11.7 percent more than in January 2012. Prices rose 12.1 percent in the Inland Empire, the third-biggest large metro-area gain in the nation. With these gains, the housing market is poised to enter the spring selling season on sound footing.