Summary
One of the final vestiges of the five-year housing boom ended in April as home prices in the Inland Empire increased by only 8.7 percent over the same month in 2005.
Home prices had been climbing by 18-20 percent or more locally for the better part of five years, and they topped $400,000 for the first time in March. But April's median price of $394,220 in Riverside-San Bernardino showed that price inflation is slowing even in the hottest part of the market.See the full content of this document
Extract
Inland Empire Housing Boom Ends
Statewide, the median...
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