US homes prices have increased by 12% (the most that they have since 2006), while Los Angeles home prices have jumped 19.2% higher from one year ago, which is close to the rest of California at 19.4%.
Los Angeles tied with Phoenix as the US city with the highest year over year increase.
Buying time, or bubble time?
source - Curbed LA - Home Prices Jump 20%
source - KPCC - US Prices Experience Highest Jump In Seven Years
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| LA home price increase since 2002 |
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