
UTILITIES
Los Angeles apartments to go on sale, rents to jump, and condo sales to accelerate, in-depth
Los Angeles, CA—(Reuters) – The prices of apartment, condo, and home prices in Los Angeles will soar, as rents and home sales jump by an average of 25%, according to a survey released on Wednesday.
The survey, conducted by Real Estate Research Group, said the average rent for a two-bedroom apartment in the city jumped 14.7% year over year to $1,062 from $1