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California median home sale price rose in October

The 2.4% month-to-month gain was still down 7.6% from a year earlier. California home prices edged higher last month as first-time buyers took advantage of a federal tax credit and foreclosure properties made up a smaller slice of the market, fresh data showed today. Read more from the original …

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July home prices up 0.3 percent, off 4.2 percent in year (Reuters)

Reuters – U.S. single-family home prices rose by a seasonally adjusted 0.3 percent in July from June but were 4.2 percent lower than a year earlier and 10.5 percent below their April 2007 peak, the Federal Housing Finance Agency said on Tuesday. Read this article: July home prices up …

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