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Asking Rents Down 1.2% Year-over-year

Calculated Risk Real Estate

The surge in household formation has been confirmed (mostly due to work-from-home), and this also led to the supposition that household formation would slow sharply in 2023 (mostly confirmed) and that asking rents might decrease in 2023 on a year-over-year basis (now negative year-over-year). Today it stands at -1.2 Today it stands at -1.2

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Los Angeles Real Estate Market & Investment Overview 2020

Marco Santarelli

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. In Metro Los Angeles, home prices rose $18,000 or 11.6% All the six counties of southern California saw an increase in sales as compared to May. from May and fell 24.3%

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