Industry News

Real estate still out of reach for Californians

Income needed to buy home rises to $109,590 year-over-year
Published on Sep 9, 2004

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by CareyBot

The percentage of households in California able to afford a median-priced home stood at 18 percent in July, unchanged from the previous month, but was 9 percentage points lower than July 2003, according to a report released today by the ...