Home shoppers may find some relief for escalating home prices, which have been trending with double-digit increases over the past year. Lawrence Yun, chief economist of the National Association of REALTORS®, said in a recent housing report that home prices likely will increase at a “gentler pace” over the next several months.
Realtor.com® released its 2022 housing forecast. They predict home prices in Los Angeles will go up 4.8%.
