LA’s luxury housing market slows amid surging prices, inventory: report - TheRealDeal.com
"In Los Angeles, the luxury housing market has mirrored the temperature outside: scorching. Single-family home prices continued to surge in the high-end residential real estate market even as sales have sagged and inventory piles up, according to a second quarter report from Douglas Elliman..."
(Photo Credit: Jez Arnold via Flickr)