The COVID-19 pandemic and subsequent shutdown of the economy continued to pound the housing market, with the largest annual drop in sales since November 2007.
Tag: California home prices
COVID slammed the door on home sales in April, with the largest month-to-month drop in more than 40 years.
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.