I actually read this in my paper newspaper so i kind of had to search for it online to show you. Here it is. This could be a sign that inflation is starting now that all those government billions look like its going to start getting injected into the general population finally. http://www.sacbee.com/business/story/1959514.html It basically says that the median sales prices rose over 9% from april to may. This is the sacramento newspaper so it doesnt cover all of california but here are the average home price numbers for the nearby counties from what they were in april to what they were in may... Sacramento Co. 160k to 175k Up 9.3% Amador Co. 180k to 209k Up 16% El Dorado Co. 310k to 325k Up 4.8% Nevada Co. 322.5k to 352.5k Up 9.3% Yolo Co 242k to 276k Up 14% Placer Co 295k to 295k Unchanged Sutter co 170k to 165k Down 3% Yuba co 156.5 to 152k Down 2.9% The article also says Prices climbed 12.3 percent from April to May in the nine-county Bay Area. The six-county Los Angeles region, including San Diego, saw the regional median rise slightly for the first time since July 2007.