California real estate soars to 99% of pre-pandemic employment

California real estate soars to 99% of pre-pandemic employment

2 years ago
Anonymous $LNMzUc6XNz

https://www.siliconvalley.com/2021/06/11/california-real-estate-soars-to-99-of-pre-pandemic-employment/

California’s real estate industry — powered by low mortgage rates, a homebuying binge and a construction push — is nearly back to its pre-pandemic employment levels.

When my trusty spreadsheet looked at state jobs data, 15 property-related categories had a total 2.92 million workers in April — down only 43,500 from February 2020, just before COVID-19 chilled the economy.