A single house is offered for sale in Santa Monica, Calif., on Tuesday, June 11, 2013. DataQuick said Tuesday Southern California home prices rose last month at their fastest annual clip since 2004.

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A single house is offered for sale in Santa Monica, Calif., on Tuesday, June 11, 2013. DataQuick said Tuesday Southern California home prices rose last month at their fastest annual clip since 2004. (AP Photo/Nick Ut) less 

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Associated Press
Wed, Jun 12, 2013 1:25 AM EDT