Is LA’s luxe resi barreling toward a buyer’s market?

by Kari Hamanaka

Los Angeles’ luxury inventory is creeping up. Demand is a different story. The supply-demand imbalance, reflected in the latest Eklund Weekly Luxury Report Los Angeles, offers signs of a possible slide to a buyer’s market with 114 new listings added to Los Angeles County’s inventory last week with an average absorption of 11.5 months. That […]This article originally appeared on The Real Deal. Click here to read the full story.

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