13-08-2020 20:03 via ocregister.com

How California home prices hit record high despite coronavirus

It’s different this time.
That’s what we’re told about real estate’s noteworthy resilience, which kept housing from falling into the pandemic economic’s quagmire and instead pushed California home prices to a record high in June.
Yet my trusty spreadsheet, filled with three decades of home price data compiled by the California Association of Realtors, suggests it’s actually more of the same: A continuing upswing in a market filled with ups and downs.
Two thing
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