May Housing 🏚 Report
Per Market Watch LLC, the sales decline in the California Desert, due to the COVID-19 quarantine, which the accompanying COVID-19 report shows in detail, is finally beginning to show up in the monthly report. This is especially true in this chart, which shows average sales over the last three months. Total sales are now averaging 679 units a month versus 995 units a year ago, for 32% decline. The decline is greatest for attached homes where sales are down 44% compared to a sales decline for detached homes of 25%.