Economy Southern California home prices rise almost 11% as deals...

Southern California home prices rise almost 11% as deals bounce as well

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The Southern California middle home value rose by twofold digits for the fourth continuous month, underscoring solid interest for lodging during the COVID-19 pandemic.

The six-region locale’s middle cost was $603,000 in November, a 10.8% expansion from a year sooner, as per information delivered Thursday by Media.

Deals rose 18.9% from November 2019.

Specialists state the rise lately has been driven by contract financing costs in the 2% territory, just as the longing for extra space as individuals invest more energy at home.

 

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