News

Home sales cool, prices reach a new record in May

‘We’re seeing many would-be buyers taking a break’ Estimated reading time: 3 minutes California’s red-hot housing market could be cooling off, or at least getting lukewarm. May home sales dipped 2.7% compared to April — but were up 87% from a year ago, though the figure is greatly skewed by the Covid-prompted lockdown that halted…