by Calculated Risk on 5/15/2025 02:01:00 PM
Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in April
A brief excerpt:
This data suggests sales will be down year-over-year for the 3rd consecutive month in April, and that sales-to-date in 2025 are trailing sales in 2024 – and 2024 was the lowest sales year since 1995! Also, it seems sales in April might have a 3 handle (be under 4 million).
…Here is a look at months-of-supply using NSA sales. Since this is NSA data, it is likely months-of-supply will increase into the Summer.
Months in red are areas that are seeing 5 months of supply now and might see price pressures later this summer.
…
More local markets to come!
There is much more in the article.