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In June, the Southern California median home price fell 1.3% from May, despite the fact it usually increases between those two months. Compared with a year earlier, the median was still up 10.5% ...
Since about 1970, California has been experiencing an extended and increasing housing shortage, [1]: 3 such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. [2]: 1 [3] This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million [4 ...
Impossibly high home prices are ‘feudalizing’ California as unaffordable housing markets pose existential threat to middle class, study says Jason Ma June 16, 2024 at 10:47 AM
Southern California home prices declined by more than 10% from the peak last year, ... News. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$; 1 Hawaii $839,013
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
Southern California (commonly shortened to SoCal) is a geographic and cultural region that generally comprises the southern portion of the U.S. state of California. It includes the Los Angeles metropolitan area (the second most populous urban agglomeration in the United States) [4][5] as well as the Inland Empire (another large metropolitan area).
Nearly a quarter of Southern California cities still lack state-approved plans to accommodate new housing development and implement fair housing policies. While these cities dawdle, the region’s ...
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