Q4 2011 Housing Affordability Index

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LOS ANGELES, CA – February 13, 2012 – (RealEstateRama) — California’s housing affordability rose to its highest level in fourth-quarter 2011, matching a record high set in 2009, thanks to lower home prices and record-low interest rates, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

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