1st Look at Local Housing Markets in July

Sales Down Sharply, Inventory Up

This is the first look at local markets in July. I’m tracking about 35 local housing markets in the US. Some of the 35 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released.

We are seeing a significant change in inventory, but no pickup in new listings. Most of the increase in in…