3rd Look at Local Housing Markets in December

Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in December A brief excerpt: The NAR is scheduled to release December Existing Home sales on Friday, January 24th at 10:00 AM. The consensus is for 4.20 million SAAR, up from 4.15 million in November. Last year, the NAR reported sales in December 2023 at 3.88 million SAAR. This will be the third consecutive month with a year-over-year increase following YoY declines every month since July 2021. Housing economist Tom Lawler expects the NAR to report sales of 4.15 million SAAR for December. ... Here is a look at months-of-supply using NSA sales. Since this is NSA data, it is likely this will be the seasonal low for months-of-supply. Note the regional differences with more months-of-supply in the South, especially in Florida and Texas. ... More local markets to come! There is much more in the article.

Jan 21, 2025 - 18:23

Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in December

A brief excerpt:

The NAR is scheduled to release December Existing Home sales on Friday, January 24th at 10:00 AM. The consensus is for 4.20 million SAAR, up from 4.15 million in November. Last year, the NAR reported sales in December 2023 at 3.88 million SAAR. This will be the third consecutive month with a year-over-year increase following YoY declines every month since July 2021.

Housing economist Tom Lawler expects the NAR to report sales of 4.15 million SAAR for December.
...
Here is a look at months-of-supply using NSA sales. Since this is NSA data, it is likely this will be the seasonal low for months-of-supply.

Note the regional differences with more months-of-supply in the South, especially in Florida and Texas.
...
More local markets to come!

There is much more in the article.

3rd Look at Local Housing Markets in December

Tags:

What's Your Reaction?

Related Posts

Popular Posts