L.A.’s surging real estate prices have cooled, so why is nobody buying condos?

Even as the relentless rise in Los Angeles housing costs seems to have paused, condominium sales slowed to a trickle this year.

The number of condo units sold in the first two months slid to a more than 20-year low, according to figures from real estate data firm Attom. The median price of a condo fell nearly 5% in February compared with a year earlier, the property information provider said.

Cooling condo sales may be an early sign of broader weakness in the market…

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