By Los Angeles Times, on December17 2020, Southern California home prices rise nearly 11% as sales jump too.
"The Southern California median home price rose by double digits for the fourth consecutive month, underscoring strong demand for housing during the COVID-19 pandemic." - Los Angeles Times
"Experts say the upswing in recent months has been driven by mortgage interest rates in the 2% range, as well as the desire for additional space as people spend more time at home." - Los Angeles Times
Read about it:
https://ktla.com/news/local-news/southern-california-home-prices-rise-nearly-11-as-sales-jump-too/
https://www.latimes.com/business/story/2020-12-17/southern-california-median-home-price-sales-november
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