Southern California home prices fell in July - Los Angeles Times
Southern California home prices fell slightly in July from June as the housing market slowed, but values are still about 9% higher than a year earlier.
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Southern California home prices fell slightly in July from June as the housing market slowed, but values are still about 9% higher than a year earlier.
In a significant shift in the market, fewer homes are going into escrow, inventory is rising and sellers are increasingly cutting their asking prices.
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The Southern California housing market is hot, but cooling. Home prices rose nearly 13% in September — the smallest jump since January.