https://www.mercurynews.com/2020/05/05/coronavirus-home-sales-prices-expected-to-dip-recover-slowly/

Driven by pandemic fears, shut-downs and job losses, U.S. home prices are expected to dip between 2 and 3 percent this year, with sales falling by as much as 60 percent, according to a new forecast by Zillow.

But the roaring Bay Area home market — heedless of economic ups and downs for nearly a decade — will likely see few price retreats and discounts, analysts say. Buyers and sellers have pulled out of the Bay Area market in equal measure during the pandemic shutdowns, leaving strong demand for relatively few homes for sale.