Source: New York Post
Homebuying in Southern California has slowed to a pace even worse than during the Great Recession, with sales nearing historic lows while prices remain close to record highs. Attom, a real estate data firm, recently revised its home sales figures dating back to 2005, using new methods to identify actual transactions in public records. Los Angeles Daily News business columnist Jonathan Lansner analyzed the figures through July 2026 and found that home sales remain incredibly low, while buyers who manage to close deals are paying near-record prices.
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