Thursday, June 16, 2005

 

MercuryNews.com | 06/16/2005 | South Bay home prices jump again

MercuryNews.com | 06/16/2005 | South Bay home prices jump again: "Plenty of economists are warning that home prices can't keep rising, but so far no price bubble seems to be bursting in the Bay Area.

The median price of resale houses that changed hands in the Bay Area rose to $630,000 in May, up nearly 19 percent from May 2004.

In Santa Clara County, prices climbed nearly 17 percent, to a median figure of $690,000, the sixth consecutive month of price increases."

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