Some dramatic efforts could help millions of Californians avoid evictions and foreclosures as they shelter in place to reduce the risk of COVID-19.
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Home prices and sales soared in February, but as concerns about the economy and the health risks of COVID-19 spread, the solid market will struggle in the coming months.
Home listings plunged almost 27%, the largest decline in almost seven years. Few homes on the market helped boost prices vs. a year ago.
Home prices increased at the largest pace in almost six years in December, helped by a dramatic decline in homes on the market in California.
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Home sales, prices soar in November
Active listings dropped for the fifth straight month, forcing buyers to pay more with the slumping supply and the surging demand.