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Elliman Report: Los Angeles Sales 4Q 2014

Welcome to this first edition of the Elliman Report series, a detailed quarterly market analysis of the Greater Los Angeles region including Westside and Downtown.

Housing prices in the Greater Los Angeles market have been trending higher on a yearover- year basis for the tenth consecutive quarter. Regional luxury market prices outpaced gains seen in the overall market. Market conditions remained tight with marketing times faster than the decade average and a smaller listing discount…

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