by Calculated Risk on 5/23/2022 11:07:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in April
A brief excerpt:
The table doesn’t include California where sales were down 8.5% year-over-year.
1) New additions to table in BOLD.
2) Northwest (Seattle), North Texas (Dallas) and Santa Clara (San Jose), Mid-Florida (Tampa, Orlando), Jacksonville, Source: Northeast Florida Association of REALTORS(R)
3) Totals do not include Denver, Atlanta on Minneapolis (included in state totals).
I expect we will see further increases in inventory – and further decline in sales – in May due to higher mortgage rates (more than the usual seasonal increase in inventory).
There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/
