Slide 1:
Los Angeles home prices fell 1.2% year-over-year in August, with a median listing price of $882,000.
Slide 2:
Month-over-month, prices dipped 0.3%, slightly softer than the national average.
Slide 3:
Starter and mid-tier homes dropped 1.0%, while luxury properties rose 0.5%, highlighting market segmentation.
Slide 4:
Costs challenges limit first-time buyers, but luxury buyers remain active, leveraging cash or home equity.
Slide 5:
Cumulative price growth since early 2020 reached 56%, giving homeowners strong equity advantages.