KPCC has a story on the latest housing data, and it’s good news for LA where prices ticked up 1.3% in August. Says reporter Matthew DeBord: “For anyone in L.A. who’s concerned that they’re going to get priced out of the market right now, as a shortage of housing supply is causing prices to be bid up in some areas, the new Case-Shiller data should have a calming effect. Yes, prices are rising. But they’re not rising off the charts.”

The LA Times covers the story here, HousingWire here.