How much appreciation space does Los Angeles real estate have every year?

The housing vacancy rate in Los Angeles is about 6.8%, the rental rate is about 59%, and the self-owned housing rate is about 34.3%. Famous universities in this area include California Institute of Technology, University of California at Berkeley, University of Southern California and University of California at Los Angeles.

As can be seen from the above figure, from April, 20 15 to April, 20 16, the house price in Los Angeles has been steadily rising, especially for villas. Although both apartments and villas increased by 0.4 1% in April, the villa increased by 6.58% year-on-year, much higher than the apartment's 4.5%.

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