by Calculated Risk on 6/08/2007 04:04:00 PM

From Jon Lansner at the O.C. Register: Late-May home sales run at 20-year-plus low

If late May home-selling patterns hold for the entire month, we will have just seen the slowest selling May in DataQuick's 20-year history of O.C. home buying. That means even slower than the ugly days of the early 1990s.

This is just Orange County, California. And this is just the late-May data. But this fits with the other data points of a further significant slowdown in the housing market occurring right now.