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New, 6 comments

By jwilliams Jun 25, 2008, 5:22pm PDT

6 comments / new

"Home sales rose 9.9 percent in the Los Angeles area in May, compared with the same period a year ago, and the median home price fell 29.2 percent to $422,160, according to figures released today.... the median price of an existing home fell 35.3 percent to $384,840, according to the Los Angeles-based California Association of Realtors." [Daily Breeze]