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LOS ANGELES-According to HomeData of Hicksville's data, thesales of homes in Los Angeles County rose by 3% in July 2010 to4,498 units compared to that of July 2009. However, the medianprice remained at its high of $350,000, after its recovery inspring 2009.

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The sales of homes in June 2010 had dropped compared to June2009, mainly due to the expiration of the federal tax credit.Experts believe home prices to fall further by 1% in this year.For the full story, go to Los Angeles Business Journal.

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