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Los Angeles County home price hits new high: $715,000 after 15% jump

Photo by: LA Daily News

Los Angeles County’s homebuying rebound continued in October — including a new record high for pricing — powered by historically low interest rates, coronavirus-led urges for more space, and a limited inventory for house hunters to choose from. A study by DQNews of closed transactions in Los Angeles County from October show … • 7,601 homes sold, existing and new — up 11.2% in a year. Highest...

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