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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me. Since 2014, inventory levels have fallen while purchase application data has risen. Since 2014, inventory levels have fallen while purchase application data has risen.

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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. The real estate appreciation rate in Los Angeles is predicted to remain a bit modest throughout this year. In June, we saw a rebound in home sales. In Metro Los Angeles, home prices rose $18,000 or 11.6% to a new level of $553,000. Jump in sales was 48%.

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