California real estate soars to 99% of pre-pandemic employment
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.
California real estate soars to 99% of pre-pandemic employment
Jun 11, 2021, 4:25pm UTC
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.