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Housing Tracker: Southern California home values drop in December
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Southern California home prices dropped again in December, capping off a yearlong skid that saw the average home value in the six-county region drop by more than $7,000.
It’s the lowest that Southern California home values have been since March 2024.
If the Trump administration’s policies end up pushing the economy into a recession, some economists say home prices could drop much further.
The real estate firm expects that next year, home prices will rise 1.2% both nationally and in L.A.Housing prices by city and neighborhoodAdvertisementNote to readers Welcome to the Los Angeles Times’ Real Estate Tracker.
Every month we will publish a report with data on housing prices, mortgage rates and rental prices.