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    Southern California's housing slowdown shows in August home prices

    The Southern California median home price remained unchanged in August from the previous month as rising mortgage rates made houses even less affordable for many people. The six-county region's median held steady at $740,000, the fourth consecutive month prices didn't increase, according to data released Tuesday by real estate firm DQNews. Sales of new and existing houses, condos and townhomes ...
    by Andrew Khouri, Los Angeles Times Sep 20, 2022 2 minutes
    A view of a home for sale in Huntington Beach, California, Friday, April 22, 2022.

    The Southern California median home price remained unchanged in August from the previous month as rising mortgage rates made houses even less affordable for many people.

    The six-county region's median held steady at $740,000, the fourth consecutive month prices didn't increase, according to data released Tuesday by real estate firm DQNews.

    Sales of new and existing houses, condos and townhomes dropped 28.3%

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