Average sales pricing in the Los Angeles apartment market declined last quarter for the first time since 2009. The recent rise in debt cost appears to have affected pricing as the fourth quarter saw two notable sales with less-than-desirable pricing for the sellers.
Los Angeles Apartment Pricing Declines for First Time in Over a Decade
Two Major Transactions in Fourth Quarter Garner Notably Weaker Totals
By Ryan Patap
CoStar Analytics
January 17, 2023 | 10:54 P.M.
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