While housing is outperforming expectations in many markets, the far west is weaker than other parts of the country, an expert says at UCLA Anderson Forecast June 2020 Economic Outlook.

Current division president, Tim Dismond has been promoted to serve the newly-created role, as well as join the company's executive committee.

Many tenants are also not moving into new housing during the pandemic, the report found.

Senior economist David Shulman offered his outlook for the recovery at the UCLA Anderson Forecast June 2020 Economic Outlook.