Home prices in Los Angeles and Orange County rose slightly in May, despite a 5.1% statewide drop in home sales, marking the lowest sales level in four months. The California median home price fell 1.1% to $900,170 but stayed above $900,000. Increased inventory and leveling prices offer good opportunities for buyers. Economic improvements could boost the housing market in the second half of the year.
Continue to full article
Leave a Reply