Industry News

Californians lose real estate buying power

Household income needed to purchase median-priced home rises to $94,730 in December
Published on Feb 5, 2004

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by CareyBot

The percentage of households in California able to afford a median-priced home dropped to 23 percent in December, down 5 percentage points from the same period a year ago, according to a report released today by the California Association of ...