Southern California`s median home price hits a record $520,000 despite rising mortgage rates
(LA Times Dodgers)

Southern California home prices in April surged 7.2% from a year earlier to reach an all-time high, a sharp increase at a time when rising mortgage rates are making an already pricey housing market even more so. The region´s median sale price for new and resale houses and condos was $520,000, up...