Home Prices Up but Slowing

Summary


Prices for existing homes in the combined metropolitan area of San Bernardino and Riverside counties increased 15.5 percent in January compared with the same period 12 months earlier, according to a report released by a state Realtors organization Tuesday.

The median price for an existing home in the area was $391,250 in January compared with $338,780 in January 2005.

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Extract


Home Prices Up but Slowing

The January price was 0.9 percent lower than December's. Prices generally decline from December to January, real-estate analysts say.

In November,...

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