{"id":18420,"date":"2019-04-28T09:24:52","date_gmt":"2019-04-27T21:24:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18420"},"modified":"2019-04-28T09:24:52","modified_gmt":"2019-04-27T21:24:52","slug":"international-home-prices-fall-in-southern-california-for-the-first-time-in-7-years","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/international-home-prices-fall-in-southern-california-for-the-first-time-in-7-years\/","title":{"rendered":"INTERNATIONAL: Home prices fall in Southern California for the first time in 7 years"},"content":{"rendered":"<p><strong>PHOTO:\u00a0A home for sale last month in Burbank is shown. (Kent Nishimura \/ Los Angeles Times)<\/strong><\/p>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p data-page=\"1\">The Southern California median home price dipped slightly in March from a year earlier, the first annual decrease since 2012 and a sign of a remarkable downshift from the once-sizzling regional housing market.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>The 0.1% drop, reported Friday by CoreLogic, means prices for the six-county region were essentially flat year-over-year. But given a pullback in previous months, prices are $18,500 off their June 2018 peak, and that raises the possibility of a sustained decline in the months ahead.<\/p>\n<\/div>\n<\/div>\n<div class=\"card collection-item\" data-type=\"text\">\n<div class=\" card-content \">\n<p>The median price for new and resale houses and condos \u2014 the point at which half the homes sold for more and half for less \u2014 was $518,500 in March, $500 less than a year earlier and off the all-time high of $537,000 reached in June.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.latimes.com\/business\/la-fi-southern-california-home-prices-20190426-story.html\">LA TIMES<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO:\u00a0A home for sale last month in Burbank is shown.<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/international-home-prices-fall-in-southern-california-for-the-first-time-in-7-years\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478104870,478098892,478098519,478098535,478102103,478098513,478101743,478098579,478098510,478098616,478098514,478098511,478098705,478098533,478098509,478101915],"class_list":["entry","author-data123nz","post-18420","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-burbank","tag-corelogic","tag-home-ownership","tag-house-prices","tag-median-home-price","tag-property","tag-property-correction","tag-property-market","tag-property-news","tag-property-prices","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-southern-california"],"yoast_head":"<!-- This site is optimized with the 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