Rent Increase Survey

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Fiscal Cliff Worries Drove Home Sales Up in December, Says Realtors Association

Overall, home sales in California above $500,000 were up 42 percent in December.

The California Association of Realtors released data yesterday saying that fiscal cliff worries drove up the sales of homes priced $500,000 and higher by nearly 42 percent, compared to December of 2011, across California.


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