L.A., Orange counties see smallest house price gains in 6 years

By Jeff Collins

House prices in Los Angeles and Orange counties rose in November at the slowest rate since the last housing slump ended in 2012, according to a new housing report released Wednesday, Jan. 2.

Prices in the Inland Empire were up by the smallest margin just over three years.

The CoreLogic Home Price Index – the third key housing report for November — shows Los Angeles house prices were up 5.3 percent, the smallest margin since August 2012. Orange County’s gain measured 3.3 percent, the smallest margin since July 2012.

And prices were up 5.2 percent in the Inland Empire, the smallest gain since [READ MORE HERE]

Source: OC Register

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