January 22, 2006
Gayle Pollard-Terry Southern California's housing market continued to sizzle in 2005, with the highest rate of appreciation occurring in the mostly modest or entry-level neighborhoods south of downtown Los Angeles. Delores Conway, director of the Casden Real Estate Economic Forecast at the USC Lusk Center for Real Estate, takes the 2006 scenario a step further. "The high end definitely will see the least appreciation and may even see some depreciation."