LOS ANGELES—Housing has gotten less affordable in all Southern California counties, compared to a year ago, a real estate group said May 11. Statewide housing affordability reached its lowest level since mid-2018, as higher prices fueled by a shortage of homes for sale pushed the state’s median home price more than 22 percent higher on…
Housing Affordability Falls Across Southern California
May 11, 2021
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C.A.R.California Association of Realtorshome ownershipHouse Priceshousinghousing bubbleLos Angeles CountyOrange Countyreal estate marketSouthern California
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Australian Home Prices Grow at Fastest Rate in 32 Years
The value of Australian homes has grown in March at its fastest rate in 32 years as buyers turn their attentions away from regional areas to the capital cities, according to property researcher CoreLogic. The latest data shows that national growth in home values reached 2.8 percent last month, the highest since October 1988 (3.2 percent)….
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