New home lot supply drops to cycle lows
Rani Salehi
rsalehi@meyersresearchllc.com
(714) 619-7860
According to Gillen, the housing market had “its best quarter in ten years this past spring, as both house prices and sales surged throughout the City.” Housing values “soared by 7.3% … amounting to the largest quarterly increase in house prices since the second quarter of 2005.”