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Real Estate Trends

August 11, 1996

Median Home Price-Resale (in thousands of dollars)

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Latest Previous Date period period Year ago Los Angeles County June $174.5 $170.5 $177.8 Orange County June $218.8 $216.5 $212.7 San Diego County June $179.6 $172.0 $174.5 Ventura County June $206.2 $212.2 $205.4 Riverside/San Bernardino June $119.7 $115.0 $122.6

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

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Latest Previous Date period period Year ago Los Angeles County June 38% 39% 37% Orange County June 32% 39% 38% San Diego County June 36% 38% 37% Ventura County June 44% 40% 41% Riverside/San Bernardino June 52% 54% 51%

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Housing Permits

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Latest Previous Date period period Year ago Los Angeles County June 431 468 659 Orange County June 738 588 722 San Diego County June 470 540 475 Ventura County June 246 155 205 Riverside/San Bernardino June 1,130 1,051 930

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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; 1982-84=100.

Sources: California Assn. of Realtors, Construction Industry Research Board.

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