% + from

Latest Previous previous Year %+ from

period period period ago year ago

Construction lending (mils.) (Mar.) $244.0 $195.0 +25.1% $305.7 -20.2%

Property acquisition lending (mils.) (Mar.) $2,491.7 $1,761.8 +41.4 $2,157.6 +15.5

Refinance lending (mils.) (Mar.)9 $2,429.1 $2,104.7 +16.4 $5,722.7 -57.6

Foreclosures

Number (Mar.) 1,266 1,242 +1.9 1,996 -36.6

Value (mils.) (Mar.) $188.6 $201.7 -6.5 $283.6 -33.5

Building contracts (mils.)

Residential (Apr.) $150.4 $226.9 -33.7 $176.5 -14.8

Nonresidential (Apr.) $274.4 $302.7 -9.3 $277.6 -1.2

Building permits (mils.)

Residential (Apr.) $294.9 $465.0 -36.6 $286.1 +3.1

Nonresidential (Apr.) $220.5 $328.3 -32.8 $227.3 -3.0

Housing start permits (Apr.) 1,011 2,430 -58.4 1,206 -16.2

Home sales (Mar.) 8,536 6,014 +41.9 8,207 +4.0

Home prices (000's) (Mar.) $214.0 $205.0 +4.4 $195.0 +9.7%

Condo sales (Mar.) 1,825 1,221 +49.5 1,490 +22.5

Condo prices (000's) (Mar.) $183.0 $176.5 +3.7 $172.0 +6.4

Apartments (1st qtr.)10

Gross occupancy 95.4% 95.3% NA 95.7% NA

Avg. sq. ft. rent $1.28 $1.21 +5.8 $1.32 -3.0

Avg. monthly rent $1,032 $997 +3.5 $1,010 +2.2

Office vacancy rates (1st qtr.)11

Downtown L.A 19.9% 20.0% NA 19.9% NA

San Fernando Valley 9.1% 7.4% NA 9.8% NA

West L.A. 5.6% 10.5% NA 10.0% NA

South Bay 14.5% 18.4% NA 16.9% NA

Countywide 12.5% 16.7% NA 14.0% NA

Industrial vacancy rates (1st qtr.)

Downtown/Central 2.1% 1.3% NA 4.5% NA

South Bay 3.8% 4.1% NA 5.8% NA

San Gabriel Valley 4.0% 6.1% NA 5.5% NA

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