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The Southern California housing market downshifted last month. The average home price in the six-county region fell 0.2% from November to $867,042 in December, according to Zillow, marking the ...
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 ...
To get a sense of how house prices vary by state, we combed through Redfin’s monthly housing market data as of October 2024 for a rundown of median sale prices for single-family residential ...
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 ...
Redfin data indicate that 29.6% of all homes on the market in the Los Angeles metro area had price cuts in June. That’s more than double the 12.6% rate of June 2021. What else should buyers know ...
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
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“The combination of high mortgage rates and prices have brought homebuyers’ median monthly housing payment to a record $2,775,” Redfin’s Dana Anderson wrote. The cost of owning a home is ...
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