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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (37207)	9/15/2005 11:05:21 AM
From: ild	Respond to of 116555

Tuesday, September 13, 2005 O.C. housing price hits $617,000 The median selling price in August for a home in Orange County reaches its sixth record-breaking peak in seven months. By JONATHAN LANSNER The Orange County Register The median housing selling price hit another record in August – the sixth peak in seven months – at $617,000, DataQuick reported this morning. That's up from $601,000 in July and a 13 percent jump from the same month last year when fears were mounting that the local housing market was in trouble. Sales were brisk in August as 4,708 units were sold. That's a 25 percent jump in pace from August 2004 amid that year's summertime doldrums. ocregister.com