by Calculated Risk on 2/13/2022 10:37:00 AM

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

A brief excerpt:

Adding Albuquerque, Atlanta, Colorado, Georgia, Jacksonville, Minnesota, Sacramento, Santa Clara and South Carolina
...
Here is a summary of active listings for these housing markets in January. Inventory was down 10.3% in January month-over-month (MoM) from December, and down 27.9% year-over-year (YoY).

Inventory almost always declines seasonally during the Winter, so the MoM decline is not a surprise. Last month, these markets were down 26.5% YoY, so the YoY decline in January is slightly larger than in December. This isn’t indicating a slowing market

Notes for all tables:

1. New additions to table in BOLD.

2. Northwest (Seattle), North Texas (Dallas), and Santa Clara (San Jose), Jacksonville, Source: Northeast Florida Association of REALTORS®

3. Totals do not include Denver and Atlanta (included in state totals).

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