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Real Estate Trends

July 07, 1996

Median Home Price-Resale (in thousands of dollars)

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Date Latest Period Previous Period Year Ago Los Angeles County May $170.5 $172.3 $175.6 Orange County May 216.5 215.2 113.5 San Diego County May 172.0 170.1 167.1 Ventura County May 212.2 208.6 193.9 Riverside/San Bernardino May 115.0 118.3 120.1

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Affordability Index (as percentage of households able to afford median price)

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Date Latest Period Previous Period Year Ago Los Angeles County May 39% 39% 36% Orange County May 39 40 37 San Diego County May 38 39 39 Ventura County May 40 42 43 Riverside/San Bernardino May 54 53 51

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Housing Permits

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Date Latest Period Previous Period Year Ago Los Angeles County April 564 351 462 Orange County April 658 490 470 San Diego County April 524 542 505 Ventura County April 295 139 211 Riverside/San Bernardino April 1,041 1,163 720 National (in millions) Feb. 1.5 1.4 1.3

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Data for Southland consumer price index and for all charts includes Los Angeles, Orange, Riverside, San Bernardino and Ventura counties. All CPI data is based on an index; 1982-84equal100. Sources: California Assn. of Realtors, Construction Industry Research Board.

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