C.A.R. REPORTS HIGHEST-EVER MEDIAN HOME PRICE; HOUSING AFFORDABILITY CONTINUES DOWNWARD.
Meanwhile, C.A.R. reports housing affordability in California fell to 31 percent in March, down 8 percent from March 1999. At 12 percent, the least affordable county in the state was San Francisco, followed by 13 percent for Contra Costa and San Mateo counties. In Southern California, San Diego County was the least affordable, registering 25 percent, followed by Orange County at 28 percent. In Los Angeles County, affordability was 37 percent and in Ventura County it was 32 percent, according to C.A.R. With housing affordability at 72 percent, the High Desert remains the most affordable region in the state.
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|Title Annotation:||California Association of Realtors|
|Article Type:||Brief Article|
|Date:||Jun 1, 2000|
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