Orange County Home Prices Up Nearly 22%!

Home prices in the Los Angeles-Orange County area jumped 21.7 percent year-over-year in August, the biggest percentage increase since December 2005, new housing figures released Tuesday show.

The Los Angeles-Orange County housing markets saw the third biggest home-price increase among the 20 leading U.S. metro areas in the latest S&P/Case-Shiller Home Price Index.

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