KTLA

Real estate added to federal list of essential sectors amid coronavirus outbreak

The Cybersecurity and Infrastructure Security Agency updated over the weekend its list of essential sectors during the COVID-19 outbreak, adding, among others, real estate services.

The outbreak has not immediately led to a major decline in housing prices, but the industry has seen a spike in dropped deals, heightening concerns among real estate professionals.

Ellina Abovian reports for the KTLA 5 Morning News on March 30, 2020.