by Calculated Risk on 2/17/2023 03:20:00 PM
Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in January
A brief excerpt:
…In January, sales were down 33.9% in these markets. In December, these same markets were down 37.5% YoY Not Seasonally Adjusted (NSA).
This is a smaller YoY decline than in December for these markets. This data suggests NAR reported sales will rebound in January from 4.02 million SAAR in December.
This will still be a significant YoY decline, and the 17th consecutive month with a YoY decline.
There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/