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Thursday, Apr 25, 2024

New-home sales in Southland fall 53% in December

The long, sharp slide in Southern California home values is all but eliminating demand for new houses. Just 1,813 new homes sold in the six-county region last month, down 53% from December 2007 — and down 63% from the 20-year average for the month of December, a real estate information firm reported Monday. For the full story click here

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