Explore the latest home and rent prices in and around L.A., updated for August.
After falling through the second half of 2022, Southern California home prices are rising again.
Prices fell last year after mortgage rates more than doubled and suddenly sapped the purchasing power of buyers.in the spring thanks to a newer byproduct of high rates: an extreme shortage of homes for sale.Welcome to the Los Angeles Times’ newly launched Real Estate Tracker. This page will be updated every month with data on housing prices, mortgage rates and rental prices.
At the same time, real estate agents say buyers — especially first-timers without a mortgage — have been more willing to return to the market, deciding rates aren’t about to drop much if they continue to put off what they’re eager to do: buy a home.
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