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Inglewood and Culver City lead the Los Angeles market for housing price appreciation. According to a new report from Property Shark, the two markets each experienced 60% increase in median home price since 2014. Inglewood, which experienced 63% price growth, was the fastest rising city in the L.A. metro.

“Not exclusively, but new projects, industries and businesses are major drivers for price surging in both Inglewood and Culver City,” Eliza Theiss of Property Shark, tells GlobeSt.com. “Culver City is looking at housing pressure from the arrival of tech and media giants like HBO, Google, Apple, opening up shop in the area, while Inglewood of course is undergoing massive shifts due to the LA Stadium & Entertainment District, the new mass transit developments or the proposed Clippers arena.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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