Los Angeles Housing Market Continues to Show Strength
Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median price for a housing unit (houses and condos) was $938,000 during the second quarter. Total sales in the quarter was 2,865.
About author
You might also like
Residential Investment to Increase in 2015?
One of the most lucid commentators on housing market economics, Calculated Risk’s Bill McBride, see an increase in residential investment for 2014. As the charts in this blog post make
How a Return to Multigenerational Living is Shifting the Housing Market
Shifts in senior living, immigration, and affordability have brought extended families together under the same roof