Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP
Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP

Southern California home prices fall for first time in seven years

  • Prices are US$18,500 off their June 2018 peak, raise possibility of sustained decline in months ahead
  • Experts say more likely the market is pausing

Topic |   International Property
Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP
Southern California home shoppers are being pickier, and sellers are seeing fewer multiple offers, according to agents. Photo: AFP
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