Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
Zillow is introducing climate-risk estimates for home listings, which could impact home buyers' decisions and lead to increased construction of more resilient homes.
An emergency was declared in California on January 7, when the fires started. On January 12, Governor Gavin Newsom signed an executive order that extended laws "prohibiting price gouging in times of emergency" until January 7, 2026, in Los Angeles County.
Prices are now 1.5% off their all-time high in July, but some economists say prospective home buyers and sellers shouldn’t expect home values to plunge — one reason behind the shift is the market typically slows in the fall and winter and prices are still above where they were a year ago.
Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month
Despite low unemployment levels, easing inflation, and a robust stock market, many Americans continue to feel the squeeze of high costs—particularly when it comes to housing. Median rents for 2025
Rental prices have spiked significantly making it more challenging for consumers to find housing in certain cities based on data from a new housing market report.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy fire victims.
California Atty. Gen. Rob Bonta announced charges against a La Cañada Flintridge real estate agent for allegedly raising the price of his rental by 38% after L.A.'s wildfires.
Our phones are blowing up from LA residents looking for rentals,” said agent Scott Grigg of Griggs's Group Powered by The Altman Brothers.
Because California is in a state of emergency, laws targeting price-gouging, including a ban on landlords raising rents by more than 10 percent of pre-emergency levels, should be in effect. But that hasn't deterred some landlords from apparently raising their rents by far more than that,