SAN FRANCISCO—Polaris Pacific recently introduced a weekly real-time market trend dashboard that measures changes to the condominium sector of eight core West Coast markets and provides data to navigate the complexities created by COVID-19 on these markets. Updated every Tuesday, the COVID-19 Dashboard provides real-time statistics and insights that reveal a vantage point on the ongoing effects of the pandemic.

"Polaris Pacific's goal was to develop a tool that provides real-time data on the condominium segment of the markets in which we operate in order to help our clients and the public at large make informed and educated decisions during this unprecedented time," said Garrett Frakes, managing partner of Polaris Pacific. "Our experience with COVID-19 indicates that the various segments of the housing market are acting in radically different manners. Broad-measure tools like Case Schiller have worked in the past to assess the total housing market, but are not working effectively in the current situation. The weekly data that we are providing highlights how various markets operate independently of one another and how local pandemic conditions affect sales."

The core cities monitored in the dashboard include San Francisco, Los Angeles, San Diego, Silicon Valley, Oakland/Emeryville, Phoenix, Seattle and Denver.