Tight Supply in Southern California Housing Market as Buyers Seek More Space

Tight Supply in Southern California Housing Market as Buyers Seek More Space
An upscale neighborhood stretches to the horizon in Laguna Niguel, Calif., on Oct. 14, 2018. Robyn Beck/AFP via Getty Images
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Commentary

According to The Orange County Housing Report published by Steven Thomas this week, the county market for homes listed for less than $1 million remains extremely tight. According to his analysis, the expected market time (date the home is listed for sale until it enters escrow) is now about 27 days. That’s unchanged from the previous two-week period and also from a month ago.

Tim Shaler
Tim Shaler
Author
Tim Shaler is a professional investor and economist based in Southern California. He is a regular columnist for The Epoch Times, where he exclusively provides some of his original economic analysis.
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