Los Angeles Times

Southern California home sales plunge in January, prices rise modestly

The sluggish Southern California housing market took another hit in January, with sales plunging 17 percent from a year earlier, according to a report released Wednesday.

The six-county region's median price rose only modestly, climbing 2 percent from January 2018 to $505,000, according to real estate data firm CoreLogic.

Besides the prior month's 1 percent gain, January's 12-month increase in the median - the point where half the homes sold for more and half for less - was

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