Home prices in San Diego hit an all-time high last month. The median price tag for a home in July: $634,000. That’s a whopping 9 percent jump over this time last year. That trend extends across much of Southern California, as homes for sale have all but evaporated from the market.

Some people were hoping the pandemic would be a good time to invest. As it turns out, homeowners aren't selling. But will it last? Or is this just a COVID-induced housing bubble.