Housing surge.

Housing Surge: Los Angeles County home prices kept surging in May, with the median price reaching $394,000, up 25.9 percent from a year earlier. However, home sales fell 3.1 percent for the month, another indication of the limited inventory available. The prospect of higher interest rates has some analysts expecting the market to cool down in the next few weeks.

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Title Annotation:	June 11-17; Los Angeles County home prices continue rising
Comment:	Housing surge.(June 11-17)(Los Angeles County home prices continue rising)
Publication:	Los Angeles Business Journal
Article Type:	Brief Article
Geographic Code:	1U9CA
Date:	Jun 21, 2004
Words:	63
Previous Article:	Gas update.(June 11-17)(gasoline prices drop)(Brief Article)
Next Article:	Upfront action.(June 11-17)(CBS expects advance advertising sales increase)(Brief Article)
Topics:	Dwellings Prices and rates Housing Prices and rates

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