Price appreciation slows for high-end homes 

Luxury home values rose 3 percent in Los Angeles from the first quarter of 2006 to the second quarter and climbed 12.8 percent from a year ago, according to a quarterly report by First Republic Bank.

The First Republic Prestige Home Index also showed that the average home in Los Angeles is worth $2.36 million, up $268,250 from a year ago.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.