Home Prices Climb 11% in California
By CARI TUNA
California’s median home price rose 11.2% in February from a year earlier, while home sales in the state dipped for the second consecutive month, according to a report released Thursday by MDA DataQuick, a La Jolla, Calif., housing-data provider.
The median home price increased to $249,000 in February from $224,000 in February 2009, DataQuick said. The median price rose 0.8% from January 2010.
February home sales in California fell 3.8% from a year earlier to 28,111 sales, but were up 0.9% from January 2010, DataQuick said.







