The holiday slowdown has hit Los Angeles’ residential market. Mega deals have quieted down and signed contract volume overall has slowed countywide, with the latest roundup showing the slump continuing through last week, according to a report compiled by Marcy Roth of Douglas Elliman’s Eklund Gomes team. “We think this will likely be the trend as we move through the holiday season,” Roth said of the downshift. Total asking volume last week of homes that fell into contract was $121.1 million, off 14.2 percent from the year-ago period, according to the Eklund Weekly Luxury Report Los Angeles. Meanwhile, the number […]
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