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Southern California home prices kept rising in August, but sales fell as questions grow over whether the torrid housing market is finally cooling.
The median sales price in the six-county region rose to $535,000, up 1% from July, research firm CoreLogic said Wednesday. The median — the point at which half the homes sold for more and half for less — was up 7% from a year earlier and just shy of the all-time high of $537,000 reached in June.