"The Southern California housing market took a step back last month, as home sales fell and price gains slowed. But homeowners shouldn't despair and would-be buyers might even rejoice, analysts say.The economy is improving and mortgage rates aren't likely to soar, factors that will produce enough demand to make price declines extremely unlikely, said Stuart Gabriel, director of UCLA's Ziman Center for Real Estate. Gabriel said he expects prices to appreciate 4% to 6% next year..."
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11/12/2014
LA Times: "Southland Housing Market Mellows As Sales Fall, Price Growth Slows"
About UCLA Ziman Center for Real Estate
- UCLA Ziman Center is a multidisciplinary research center of UCLA Anderson School of Management and UCLA School of Law. We seek to advance thought leadership in the field of real estate by generating influential research, educating the next generation of leaders and providing meaningful forums for industry professionals and policy makers.
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