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Home Prices Rise.


The median price of homes sold in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  County in May jumped 13 percent over last year, the biggest growth spurt growth spurt Pediatrics A period of rapid growth in middle adolescence; ♀ ↑ ±8 cm/yr ±age 12; ♂ ↑ ±10 cm/yr ± age 14; GS is orderly, affecting acral parts–ie, hands and feet grow before proximal regions,  in 12 years, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a report from DataQuick Information Systems.

The new median was a record $219,000, according to the report, with low- and middle-end homes appreciating faster than luxury residences.

Typical home values in Los Angeles County are about 10 percent higher than peak levels of a decade ago. That's less than many other metro areas around the state, but Los Angeles County, with its bigger supply of moderately priced houses, has been gaining momentum even as activity has slowed a bit in neighboring neigh·bor  
n.
1. One who lives near or next to another.

2. A person, place, or thing adjacent to or located near another.

3. A fellow human.

4. Used as a form of familiar address.

v.
 counties, where average homes are out of reach to many families.

In Los Angeles County, more than 10,000 homes were sold in May, about the same pace as a year ago.
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:in Los Angeles County
Comment:Home Prices Rise.(in Los Angeles County)
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Jun 25, 2001
Words:141
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