Southern California home prices soared in May, hitting another all-time high, though some data are starting to point to a potential slowdown in demand.
The six-county region’s median sales price rose a whopping 24.7% from May 2020 to a record $667,000 last month, according to data released Tuesday by data firm DQNews.
Sales also surged from a year earlier.
The big leap in numbers from a year earlier is partly due to a once-in-a-lifetime comparison.
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