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Housing inventory in California and across the Sun Belt is surging to levels not seen in years, signaling potential price drops in markets that have remained stubbornly expensive despite high ...
The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...
(The Center Square) - The monthly payment to purchase an entry-level California home has risen 88% since 2020, according to a new report from the non-partisan, state-funded Legislative Analyst’s ...
Southern California's median home sale price dropped to $750,000 in June, another sign that the ultra-competitive market is slowing down.
In August 2006, Barron's magazine warned, "a housing crisis approaches", and noted that the median price of new homes had dropped almost 3% since January 2006, that new-home inventories hit a record in April and remained near all-time highs, that existing-home inventories were 39% higher than they were just one year earlier, and that sales were ...
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
At the same time, the index also showed that home prices declined 0.5% year over year. Meanwhile, data from Zillow revealed that the average US home value was $348,853 as of July 28, 2023, up 1.2% ...
Pricing and availability subject to change. ... below June 2024’s all-time high of $426,900. In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement ...