LOS ANGELES—Housing has gotten less affordable in all Southern California counties, compared to a year ago, a real estate group said May 11.
Statewide housing affordability reached its lowest level since mid-2018, as higher prices fueled by a shortage of homes for sale pushed the state’s median home price more than 22 percent higher on a year-over-year basis, according to the California Association of Realtors (CAR).
