CNBCのインスタグラム(cnbc) - 2月1日 05時40分

This time of year, you might be wishing you could own a home in sunny SoCal, but the housing market isn't looking so bright in the Golden State.

High cost of real estate is weighing down potential buyers. Home sales in the region fell 20.3% year over year in December. That's the lowest December sales pace since 2007.

From November to December, sales of new and existing houses and condominiums in the area dropped 8.2%. This is unusual, since sales usually rise around 12% during this period.

You can read more on the unusual real estate activity in southern California, at the link in bio. ? *
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