The Real Deal New York

LA housing market bucks the national trend with even price growth on high and low end

Nationwide, price growth for entry-level homes is outpacing luxury segment
By Katherine Clarke | June 24, 2016 05:20PM

Screen Shot 2016-06-24 at 2.05.47 PMFrom the Los Angeles website: Los Angeles’ most well-heeled homebuyers just can’t catch a break.

While the average price of luxury homes is beginning to stabilize nationwide in comparison with entry-level homes, prices are sky-rocketing by almost identical margins in every segment of the L.A. market, from starter homes to sprawling mansions, according to a new report by listings website Zillow.[more]