California Home Prices Shoot Past $800,000 for the First Time

Bloomberg, May 17, 2021–Noah Buhayar
The pandemic is burnishing California’s reputation for costly housing. In the latest sign, home prices in the state shot past $800,000 for the first time in April, according to data released Monday by the California Association of Realtors. The new median value of $813,980 is up 7.2% from March and 34% from a year earlier, when pandemic lockdowns mostly froze the housing market.
https://www.bloomberg.com/news/articles/2021-05-17/california-home-prices-shoot-past-800-000-for-the-first-time