Record drop in LA house sales
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2019 Jul 27, 3:19pm 443 views 3 comments
by tovarichpeter ➕follow (6) 💰tip ignore
https://www.foxbusiness.com/economy/southern-california-home-sales-drop
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1
Eman
2019 Jul 27, 5:16pm
Eman
2019 Jul 27, 5:16pm
What are you talking about @tovarichpeter? What record drop in LA house prices? According to the article:
“Home prices in the area, meanwhile, continued to rise.
The median home price in Southern California during the month of June was a record $541,250, according to CoreLogic – up 2.5 percent from the month prior and up 1.2 percent year over year.”
Fake news?
“Home prices in the area, meanwhile, continued to rise.
The median home price in Southern California during the month of June was a record $541,250, according to CoreLogic – up 2.5 percent from the month prior and up 1.2 percent year over year.”
Fake news?
3
Okigan
2019 Jul 27, 7:05pm
When volume drops the median usually rises - articles that quite one without the other usually a shill for somebody.
This article discusses both, which is good, and per content: volume drop, median increase (as price insensitive buyers continue to buy, but there are fewer of them). So consistent with decrease in housing market.
This article discusses both, which is good, and per content: volume drop, median increase (as price insensitive buyers continue to buy, but there are fewer of them). So consistent with decrease in housing market.
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