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Interesting chart from Calculated Risk that shows a huge drop in L.A. home prices through December 2008, little or no change through December 2009, and only a small uptick through April 2010 (note the light blue, orange and red bars). Housing stats have been very confusing of late because so much depends on location, but these overall numbers are a reminder of how limited the recovery has been.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.