Southern California House Prices Continue to Defy Gravity

Southern California House Prices Continue to Defy Gravity
A property estimated at a little over $6 million sits for sale in Arcadia, Calif., in this file photo. According to Standard & Poor's, single family home prices in the Los Angeles metro area in July 2020 were 5.34 percent higher than a year earlier in July 2019. FREDERIC J. BROWN/AFP via Getty Images
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Commentary

Home price values accelerated across the nation in April, according to the most recent data from the S&P CoreLogic Case-Schiller home price indices. The rise was especially sharp in the western U.S.

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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