by Calculated Risk on 6/11/2025 01:00:00 PM

Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in May

A brief excerpt:

I’ve rearranged these looks at local data with closed sales first, new listings second and active inventory at the end.

I’ve also spelled Raleigh correctly!
...
In May, sales in these early reporting markets were down 3.9% YoY. Last month, in April, these same markets were down 1.8% year-over-year Not Seasonally Adjusted (NSA).

Important: There were fewer working days in May 2025 (21) as in May 2024 (22). So, the year-over-year change in the headline SA data will be higher than for the NSA data.
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Many more local markets to come!

There is much more in the article.