Interest Rates Up - Are Prices or Activity Falling?Prices here in SoCal were already up big this Spring and now rates are up big too. The cost per month of the avg home here is up about 40% since January! It seems reasonable to think the market should now correct and buyers will choose to wait for prices to go back down now. Any signs this is already happening? Anyone seeing any evidence of a cooling market yet? Particularly in SoCal?July 10 2013 - Los Angeles00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.