by Calculated Risk on 3/14/2023 11:42:00 AM
Today, in the Calculated Risk Real Estate Newsletter:
2nd Look at Local Housing Markets in February
A brief excerpt:
…In February, sales in these markets were down 23.1%. In January, these same markets were down 33.8% YoY Not Seasonally Adjusted (NSA).
This is a significantly smaller YoY decline NSA than in January for these early reporting markets.
The early data suggests NAR reported sales will rebound in February. This will still be a significant YoY decline, and the 18th consecutive month with a YoY decline.
Many more local markets to come!
There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/