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House buying in Southern California hits 41-year low due to high interest rates and prices.
House buying activity has hit its lowest point in 41 years, according to local news reports from Southern California.
The sluggish market is attributed to high interest rates and home prices, deterring many potential buyers.
Real estate experts note that the low demand is making it challenging for sellers to find buyers willing to meet their asking prices.
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La compra de casas en el sur de California alcanza 41 años de bajo debido a las altas tasas de interés y precios.