High demand, a tight supply of homes for sale coupled with record-low mortgage rates continued to drive up Southern California home prices and sales last month. Home prices in the six-county region climbed $69,000, or 13%, in the 12 months ending in January, marking the sixth consecutive month of double-digit price gains. The year-opening median home price, or price at the mid-point of all sales, was $599,500, according to a DQ News/CoreLogic report released Monday, Feb. 22. Prices and sales decreased slightly from the month before, which is typical for January, which includes deals signed the month before during the traditional holiday slowdown. But January’s median still came within $10,
Hence then, the article about housing market starts year with double digit home price gains was published today ( ) and is available onLos Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Housing market starts year with double-digit home price gains )