Southern California home prices and sales edged lower in June from the month before, adding to the pile of evidence that the housing slowdown is starting to pull home values lower.
The region’s six-county median sale price was $750,000, down from $760,000 in May. However, a broader view shows that prices are still soaring compared with last June, when the median price was $679,000.
Because the ultra rich & hedge funds have bought all of the available housing & can’t turn it because they artificially inflated their own market. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
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Utah home values remain high as inventory increases, market coolsDespite inflation and rising interest rates impacting all Utah consumers, the state’s housing market remains active.
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