Southern California’s homebuying collapse continues with the second-slowest selling June on record as house hunters shied from record-high pricing.
That’s what my trusty spreadsheet found by reviewing sales data from Attom for Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties. These stats cover a broad range of closed transactions — houses and condos, both existing residences and new construction — and go back to 2005.
How slow? Southern Californians bought 14,445 homes in June. Yes, it’s up 3% from a year ago. Yet it’s 35% below the 21-year average…