Real Estate News for Aug 17, 2020

California’s housing market recovery continues. July numbers are in and sales of single-family residences are up 28.8% from June in Los Angeles, though year-to-date home sales across the state were down 10% in July.

Median home prices also set another record high for July in California, up 6.4% from June and up 9.6% from July 2019.

Today, LA County opened a $100M rental assistance program to help renters and landlords affected by the COVID pandemic. Residents can now apply for the program until the August 31st deadline.

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