The last week or two, the public health numbers have started to rejoin the broader economic numbers with some signs of gradual progress. In addition, interest rates remain favorable and new listings resumed their uptrend last week. Rising mortgage applications and home sales have yet to materialize, but California consumers have gotten slightly less pessimistic about buying over the past month, so the rest of the year is expected to remain at or around the 400,000 unit benchmark through December.
The summer that was supposed to mark America’s independence from COVID-19 is instead drawing to a close with the U.S. more firmly under the tyranny of the virus, with deaths per day back up to where they were in March.
A joint World Health Organization-China study on the origins of COVID-19 says that transmission of the virus from bats to humans through another animal is the most likely scenario and that a lab leak is “extremely unlikely,” according to a draft copy obtained by The Associated Press.
President Joe Biden and a top health official warned Monday that too many Americans are declaring virus victory too quickly, appealing for mask requirements and other restrictions to be maintained or restored to stave off a “fourth surge” of COVID-19. The head of the CDC said she had a feeling of “impending doom” if people keep easing off.
SACRAMENTO, Calif. (AP) — California’s improving coronavirus numbers continued their downward fall, leading to Tuesday’s announcement that much of the San Francisco Bay Area can reopen to a greater degree and that now 94% of the state’s population is out from under the most severe restrictions.