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Lack of supply keeps hurting housing market

Nationwide housing prices take record jump

U.S. home prices rose 18 percent in September year-over-year, as an undersupply of new houses continued to hurt the market, according to data released this week. Demand for houses remained strong as summer came to a close, but the ongoing supply shortage continues to drive prices up, Irvine-based CoreLogic reported …

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Inland Empire manufacturing makes comeback

Inland Empire manufacturing rose sharply in October, despite a labor shortage and other issues that continue to plague the economy. The two-county region’s purchasing managers index last month was 62.3, up from 54.7 in September, according to data released Monday by the Institute of Applied Research and Policy Analysis at …

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UCR begins medical school expansion

Construction has begun on UC Riverside’s second medical school building. University and community leaders participated in a groundbreaking recently on the east side of campus, south of the existing School of Medicine Education. The new building will accommodate more students and, officials hope, provide more physicians in the Inland Empire, …

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Stater Bros. to open second Whittier location

Stater Bros. Believe Walk will again be virtual

Stater Bros. will open a new store Wednesday in Whittier, it’s second in the city. The store at 11810 Whittier Blvd. will replace a store at 11750 Whittier Blvd. that closed two years ago, said Charlotte Wall, a company spokesperson. The new store is scheduled to open at 6 a.m. …

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