Housing market hits record-high price despite signs of leveling off

Housing market hits record-high price despite signs of leveling off

Southern California’s red-hot housing market is showing signs of leveling off, with homes taking a little longer to sell and the number of homes to choose from rising slightly.
But it’s still a strong seller’s market, with bidding wars, rising sales and prices hitting record highs for a sixth straight month.
The median price of a Southern California home — or price at the midpoint of all sales —…

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